---
title: "Fast-fashion retailer Shein shares fall at least 10% in pre-debut trading"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/297488270.md"
description: "Shares of fast-fashion retailer Shein fell more than 10% in pre-debut gray-market trading ahead of its Hong Kong Stock Exchange listing. The company raised $1.7 billion at HK$48.56 per share, valuing it at approximately $26.5 billion. Trading on major brokers like Futu Securities and Bright Smart showed significant drops shortly after opening."
datetime: "2026-08-31T08:56:42.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/297488270.md)
  - [en](https://longbridge.com/en/news/297488270.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/297488270.md)
generator: "portal-rs"
---

# Fast-fashion retailer Shein shares fall at least 10% in pre-debut trading

HONG KONG, Aug 31 : Shares of online fast-fashion retailer Shein dropped more than 10 per cent in gray-market trading on Monday ahead of its Hong Kong Stock Exchange debut on Tuesday. The company raised $1.7 billion at HK$48.56 a share, valuing the company at about $26.5 billion, sources told Reuters. Shein's gray-market trading in major Hong Kong brokers Futu Securities, Bright Smart and Phillip Securities, all dropped more than 10 per cent within a few minutes after trading began. Gray market prices are quoted by brokerages ahead of a security being officially traded on an exchange.

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**