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Euronews
Euronews
Una Hajdari

Shein shares fall on Hong Kong debut as parcel duties and Iran costs bite

Shares in fast-fashion giant Shein fell as much as 10% on their trading debut on Hong Kong's stock market on Tuesday, before recovering some of their losses, following years of delay to the company's plans to list publicly and regulatory setbacks in Europe and in the US.

Shein's initial public offering opened on 24 August, with the final share price set a week later on 31 August. Trading began the following day, on Tuesday.

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