Shein shares drop 4.4% after quarterly profit plunges 67%

Sep 29, 2026 01:46 (26d ago)

Shein shares fell after the fast-fashion retailer reported a 67% quarterly profit decline.
27.3% was the stock’s decline from its HK$48.56 offer price through Monday’s close.
Shein began trading in Hong Kong on September 1 and traded around HK$33.82 Tuesday.

Shein shares fell as much as 4.4% on Tuesday after the fast-fashion retailer reported a 67% decline in quarterly profit. The result fueled investor concerns about margin pressure and slowing growth. Since its September 1 stock market debut in Hong Kong through Monday’s close, Shein’s shares have dropped 27.3% from the HK$48.56 offer price, or $6.19. The stock traded around HK$33.82 on Tuesday.