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Shein shares sink more than 9% on stock market debutPhoto by Gustavo Fring on Pexels
Business
Инвестиции

Shein shares sink more than 9% on stock market debut

Público1 September 2026 at 10:40

Shein's shares sank more than 9% on the day of their stock market debut. The Asian fashion giant thus completed one of the biggest IPOs in the tech sector in recent years, but without the enthusiasm normally expected in this type of operation.

The company managed to secure significant proceeds of 22.3 billion euros with the initial public offering. This value represents an important milestone for the company in its global growth journey.

Shein revealed that it intends to use a substantial part of these proceeds to strengthen its international presence. The strategy involves further expanding its markets outside Asia, where the brand has been gaining market share at an accelerating pace.

The negative performance of the shares on debut contrasts with the company's expansion ambitions. The market showed some caution regarding the company's valuation, at a time when the online fashion sector faces growing challenges of competition and regulation.

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