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Shein Ends Flat After Plunging As Much As 10% In Hong Kong Debut Amid Growth Worries

1 source ·1 article ·7h ago

The Singapore-headquartered fashion giant’s lackluster IPO gives it a market cap of $26 billion–an over 70% fall from the nearly $100 billion peak valuation reached after a 2022 funding round.

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Forbes 1

All coverage · 1 article

Forbes Business ·7h ago

Shein Ends Flat After Plunging As Much As 10% In Hong Kong Debut Amid Growth Worries

The Singapore-headquartered fashion giant’s lackluster IPO gives it a market cap of $26 billion–an over 70% fall from the nearly $100 billion peak valuation reached after a 2022 funding round.