Shein shares drop below IPO price in Hong Kong debut after years of listing delays
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8 days · 5 summary articles
Shein’s shares fell as much as 10% in their Hong Kong trading debut on Tuesday, dropping to 43.8 Hong Kong dollars (€4.81) shortly after the opening bell, well below the IPO price of 48.56 Hong Kong dollars (€5.34) set the previous day .
The listing on the Hong Kong Stock Exchange followed years of delays and failed attempts to go public in New York and London, where regulatory scrutiny over labor practices and environmental impact derailed earlier plans . Shein, founded in China in 2012 and now headquartered in Singapore, raised 13.597 billion Hong Kong dollars (€1.7 billion) from the sale of approximately 280 million shares, valuing the company at roughly 26.5 billion U.S. dollars (€22.88 billion) .
The company’s market value now stands at about a quarter of its 2022 peak of nearly $100 billion, as investors reassess its growth prospects amid rising costs and regulatory pressures . Shein reported a loss of $99 million in the first three months of 2026, citing higher shipping costs due to the Middle East conflict and new tariffs in the U.S. and Europe that now apply to low-value imports .
The fast-fashion giant, which serves 273 million active customers across 160 countries, has expanded beyond its direct-to-consumer model by acquiring brands like Everlane and opening its platform to third-party sellers . However, demand for its shares was muted compared to recent tech IPOs in Hong Kong, with retail investors subscribing 5.6 times and institutional investors 2.6 times the available shares .
Shein’s business has faced criticism over labor conditions, environmental impact, and allegations of design plagiarism, which contributed to the rejection of its U.S. and U.K. listing applications . Analysts noted that the market now prices Shein more like a conventional European retailer than a disruptive force in fashion .
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Articles
Mode: Shoppingplattform Shein rutscht beim Börsendebüt ins Minus Shein ist für günstige Mode bekannt, wird dafür aber auch kritisiert. In Hongkong feiert die Shoppingplattform nun ihr Börsendebüt. Wie dieser in der Fachwelt bewertet wird.
tagesspiegel · about 2 hours ago
Mode: Shoppingplattform Shein rutscht beim Börsendebüt ins Minus
die zeit · about 2 hours ago
Modehändler Shein enttäuscht bei Börsengang in Hongkong Die Aktie fiel am Dienstag um bis zu acht Prozent. Das Unternehmen kämpft mit den neuen Zoll- und Abgaberegelungen in den USA und Europa
der standard · about 2 hours ago
Modehändler Shein enttäuscht bei Börsengang in Hongkong
orf.at · about 2 hours ago
Börsengang von Shein: Shein startet mit deutlichem Minus an Hongkonger Börse Shein, bekannt für extrem günstige Kleidung wie Fünf-Dollar-Tops, ist an der Börse in Hongkong schwach gestartet. Zeitweise lag die Aktie rund acht Prozent im Minus.
die zeit · about 2 hours ago
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hotnews.ro · about 3 hours ago
Aktien: Verhaltener Börsenstart für chinesischen Modehändler Shein Der chinesische Online-Modehändler ist nach langem Vorlauf in Hongkong an die Börse gegangen. Die erste Kursentwicklung illustriert: Die Zeit der Euphorie im E-Commerce ist vorerst vorbei.
handelsblatt · about 3 hours ago
Shein listing live: Online fashion giants shares slump in Hong Kong after long-awaited IPO reut.rs/4daU5n2
bluesky_Reuters · about 3 hours ago
Acțiunile Shein scad în mult așteptatul debut pe piața bursieră Acțiunile gigantului din industria fast-fashion Shein au scăzut brusc marți, în urma mult așteptatului debut pe piața bursieră, după ce firma s-a listat la bursa din Hong Kong . Aceasta vine după încercări eșuate de listare în SUA și Marea Britanie, deoarece au fost exprimate îngrijorări cu privire la practicile de muncă ale Shein și …
hotnews.ro · about 3 hours ago
Designer Galliano sagt Schau in New York ab Der britische Modeschöpfer John Galliano hat eine geplante Ausstellung seiner Werke im Metropolitan Museum of Art in New York abgesagt. Das teilte der 65-Jährige am Montag auf Instagram mit. Hintergrund sind in der Vergangenheit getätigte rassistische und antisemitische Aussagen Gallianos.
orf.at · about 3 hours ago
In Hongkong: Shein verpatzt Börsengang Die Aktie des chinesischen Moderiesen büßt zum Handelsstart deutlich ein. Shein liegt damit sogar hinter dem schwedischen Konkurrenten H&M.
faz · about 3 hours ago