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Shein set for lacklustre debut after setbacks cause huge drop in valuation

Source: reuters.com

IPOs & SPACsInvestor Sentiment & PositioningEmerging MarketsMarket Technicals & Flows
Shein set for lacklustre debut after setbacks cause huge drop in valuation

Shein’s Hong Kong debut on Tuesday ends years of failed Western listing attempts, marking a long-awaited capital-markets milestone. However, the article flags a likely lacklustre start to trading, which may offer limited reassurance to investors despite the successful listing.

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