Shein Share Price: Shares Close Flat After Rocky Hong Kong Debut

The post Shein Share Price: Shares Close Flat After Rocky Hong Kong Debut appeared first on Coinpedia Fintech News

Shein’s shares closed nearly flat at HK$48.50 in Hong Kong on Monday, barely below their HK$48.56 IPO price, after an early slide of up to 10% during trading. The debut caps years of failed attempts to list in New York and London, finally landing the fast-fashion giant a $26.3 billion valuation, a steep drop from …