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Fast-fashion giant Sheins shares fall after Hong Kong trading debut that spotlights its China roots

HONG KONG (AP) — Shares in fast-fashion online retail giant Shein lost around 10% after it began trading on Hong Kong’s stock market Tuesday, after a long delay in the company’s plans to list its shares publicly. Shein raised about $1. 7 billion, priced at HK$48. 56 ($6. 19) a share, in its initial public offering in Hong Kong in one of the city's biggest new share sales this year. “Shein's Hong Kong listing marks a new starting point,” said Leigh Gui, Shein's chief financial in a at...

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