NewzFast-fashion platform Shein experienced a steep decline of up to 10 percent within the first few minutes of trading during its highly anticipated stock market debut in Hong Kong on Tuesday. The market entry followed a flat opening and came after years of fluctuating plans and delays regarding the company's public offering.
The listing represents a major milestone for the digital retailer, which has navigated extensive regulatory and strategic shifts before finally securing its position on the Hong Kong exchange.
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