Shein shares fall in long-awaited stock market debut - BBC News

The firm's Hong Kong listing on Tuesday comes after a years-long quest to sell shares in New York and London.

Image source, ReutersImage caption, Shein's founder Xu Yangtian, right, and the firm's financial director Poppy Bao at the Hong Kong Stock Exchange

Ultra-fast-fashion brand Shein has been valued at $26.2bn (£19.3bn) after its first day of public trading, following a long quest to list on the stock market.

The company was once estimated to be worth nearly $100bn, but has faced heated competition, trade tensions and questions over the ethics of its supply chain.

Shein's share price fell in the early hours of trading but recovered ground before closing down just 0.12%.

The company's attempts to list in the UK and US were scuppered after supply chain concerns and criticism of its environmental impact.