Newsig · Financial Times
Goldman bought Shein shares worth $220mn after dismal IPO
Shares in fast-fashion retailer have tumbled 38% since listing in Hong Kong last month
Why it matters
3690.HK (Meituan) · Why linked: Shein is the subject of the news, with shares having fallen 38% since its Hong Kong listing. Market context: Continued negative sentiment around Shein's post-IPO performance may keep shares under pressure despite the Goldman anchor buying.
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