Shein shares fall on HK trading debut - RTHK Apps A A A 繁 简 Eng Menu News Homepage Latest News Video Gallery News Programmes Photo Gallery News Bulletins News Archive Send To RTHK News Error News Archive Live Video News Search 2025 2026 1 2 3 4 5 6 7 8 9 10 11 12 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 Latest News Local Greater China World News Finance Sport News Bulletins Photo Gallery Video Gallery Can search within past 12 months Home Shein shares fall on HK trading debut 2026-09-01 HKT 10:11 Share this story Online fast-fashion retailer Shein made its debut on the Hong Kong stock market on Tuesday. Photo: Reuters A staff member holds a prospectus during the listing ceremony of online retailer Shein in Hong Kong on Tuesday. Photo: Reuters Online fashion retailer Shein's shares dropped about 10 percent in early Hong Kong trading on Tuesday as the company made its long awaited debut, capping a ⁠years-long effort to go public. The stock began trading at HK$48.56 each, in line with the final price set in the initial public offering that raised US$1.7 billion and valued Shein at US$26.5 billion. The shares then fell to HK$43.8 each. On its debut, Shein is valued well below its 2022 peak of nearly US$100 billion. Demand for Shein's stock during the IPO was tepid compared to other high-profile deals in the past year. The retail tranche was subscribed 5.63 times, while the international portion was subscribed 2.59 times, Shein said in a stock exchange filing on Monday. Some deals have been hundreds of times oversubscribed, especially from Hong Kong's army of retail investors who track IPOs very closely. "As a new company listed in Hong Kong, we will continue to innovate, optimise and cooperate with our supply chain partners for mutual benefit and win-win results," Shein's chief financial officer Leigh Gui said. Founder and CEO Sky Xu also attended the listing ceremony. The amount sold in the IPO represents about 6.6 percent of She