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Market Impact: 0.25

Shein Shares Plunge in HK Debut After Rocky Road to IPO

Source: Bloomberg

Investor Sentiment & PositioningCompany FundamentalsIPOs & SPACsMarket Technicals & Flows

Shein’s Hong Kong debut initially dragged shares down as much as 10% to HK$43.72 before trimming losses later in the session. The move signals cautious investor reception to the listing and likely drives near-term volatility around the IPO price discovery.

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