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FRANCE 24

Fast-fashion retailer Shein makes tepid Hong Kong debut amid mounting headwinds

Shein Hong Kong China London New York AliExpress e-commerce United States

Shein's shares fell as much as 10 percent shortly after its Hong Kong debut — Shein's shares fell as much as 10 percent shortly after its Hong Kong debut. © Leung Man Hei, AFP

Fast-fashion retailer Shein, known for its ultra-low prices and rapidly produced clothes, made a tepid Hong Kong debut on Tuesday, having raised US$1.7 billion in a high-profile initial public offering. The flotation comes after the company's plans to list in New York and London were derailed by regulatory scrutiny.

Fast-fashion retailer Shein made a tepid Hong Kong debut on Tuesday, having raised US$1.7 billion in a high-profile initial public offering.

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