POPA ReconShein shares fell 7% in their Hong Kong debut after the fast-fashion company priced its IPO at HK$48.56, raising HK$13.60 billion ($1.74…
Shein shares fell 7% in their Hong Kong debut after the fast-fashion company priced its IPO at HK$48.56, raising HK$13.60 billion ($1.74 billion). The listing valued Shein at about $26.5 billion, down from its $100 billion private valuation in 2022. [CNBC]
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