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55FINANCE

Fast-fashion giant Shein's shares fall as much as 10% in Hong Kong trading debut

⚡ Markets: The poor performance of a high-profile IPO could dampen sentiment for other Hong Kong listings and reflects investor concerns about the company's business model and geopolitical risks.SheinHSI

Shares in Shein, the China-founded fast-fashion retailer, fell sharply on their first day of trading on the Hong Kong stock exchange. The lukewarm debut follows a difficult path to its IPO after facing scrutiny that prevented listings in New York and London.

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