Shein drops 14% to record low after profit misses in first results since Hong Kong IPO

T2Covered by 1 source · first reported by China: SCMP Tech / TechNode / Pandaily / KrASIA / Sixth Tone at 29 Sept, 03:53 UTC

Shares of Shein Global Holdings fell nearly 14 per cent to a record low in Hong Kong on Tuesday after the online fashion retailer posted a 67 per cent drop in second-quarter profit in its first earnings report since listing, warning that tariff headwinds and logistics cost volatility would persist…

business

Sources

• T2Shein drops 14% to record low after profit misses in first results since Hong Kong IPOChina: SCMP Tech / TechNode / Pandaily / KrASIA / Sixth Tone29 Sept, 03:53