TOPIC

/ company

Shein

Shein is an online retailer focused on fast fashion and low-price shopping. The company is considered one of the most valuable start-ups in the world, with the Shein app cited as the most downloaded shopping app in 2022 and 2023. Shein has drawn scrutiny over allegations that it uses forced labour for cotton sourced from the Xinjiang region.

Chairman / President

Chris Xu

CEO / Managing Director

Chris Xu

Industry

E-commerce, Fashion Retail

Website

shein.com

Headquarters address

Road One, Maqun Science Park, Qixia District, Nanjing, Jiangsu, China

Year founded

2008

A view of Exchange Square in Central, home to bourse operator Hong Kong Exchanges and Clearing. Photo: Nora Tam

IPO

4 mainland Chinese firms jump into cooling Hong Kong IPO market

Led by RoboTechnik and Kinwong Electronic, quartet aims to raise up to US$1.8 billion in total, but most debuts this month have declined.

21 Sep 2026 - 4:50PM

IPO

Shein slump deepens as stock tumbles 25% below IPO price

14 Sep 2026 - 5:18PM

China trade

China presses France to drop ‘protectionist’ anti-fast fashion law

10 Sep 2026 - 6:12PM

China-Latin America relations

Brazil scraps tax on small parcels as Chinese platforms lose US and EU access

Congress cleared the measure days before it expired, handing Shein, Shopee and AliExpress a tariff-free lane into Latin America’s largest economy.

10 Sep 2026 - 5:49AM

Brazil has seen a surge in low-value overseas purchases since scrapping a federal tax on small international parcels. Photo: Shutterstock

IPO

Shein slips on Hong Kong debut amid fast-fashion challenges

Fast-fashion company’s shares dropped as much as 10 per cent on the first day of trading after Hong Kong’s fourth-biggest IPO this year.

1 Sep 2026 - 5:22PM

Hong Kong stock market

Shein shares recover after 10% drop on Hong Kong debut

The fast-fashion retailer sold 280 million shares at HK$48.56 each, according to an exchange filing Monday.

1 Sep 2026 - 5:30PMvideocam

France

France takes aim at ultra-fast fashion with fee per garment

New policy targets platforms like Shein and Temu, which have exploded in popularity in France.

1 Sep 2026 - 10:45AMvideocam

A Shein display inside the BHV department store in Paris, France. Photo: AFP

Hong Kong stock market

Bitcoin rally and Alibaba share purchases: the numbers moving markets

Alibaba shares, bitcoin, Hong Kong second-hand home prices and Shein’s IPO plans in spotlight this week.

28 Aug 2026 - 3:00PM

United States

Shein’s acquisition of Everlane faces US national security review

The review is focused on potential issues linked to the China-founded retailer’s purchase of a firm that handles Americans’ personal data.

25 Aug 2026 - 3:18AMvideocam

IPO

Shein seeks to raise up to US$1.76 billion in Hong Kong IPO

Based on maximum offer price, IPO would value online fast-fashion retailer at over US$27 billion.

24 Aug 2026 - 6:00PMvideocam

Hong Kong stock market

Shein pushes back Hong Kong debut to September amid delayed orders: sources

The fast-fashion firm originally aimed to wrap up its IPO in August, but a delay in investor orders has forced a change of plan, sources say.

20 Aug 2026 - 5:43PM

IPO

Shein is eyeing a valuation rivalling H&M. Will the market buy it?

Ahead of its Hong Kong IPO, the e-commerce firm argues its supply chains and business model give it an edge over traditional rivals.

14 Aug 2026 - 7:18PM

IPO

Shein set for Hong Kong IPO next week, eyes US$35b valuation: sources

Singapore-based company, which was founded in China, aims to raise as much as US$2.8 billion and began gauging investor demand last week.

11 Aug 2026 - 2:11PM

China exports

How China’s brands are thriving in the US despite rising geopolitical tensions

Chinese brands like Pop Mart are winning over American consumers by projecting a global image and targeting niche markets.

18 Aug 2026 - 1:10PM

The Labubu float from Pop Mart makes its way down Sixth Avenue during the Macy’s Thanksgiving Day Parade in New York City last November. Photo: AP

China-EU relations

Germany’s restful Sundays under scrutiny as Chinese imports pile on pressure

As rise of Chinese e-commerce platforms adds to pressure, having Sundays off remains protected under Germany’s Basic Law.

27 Jul 2026 - 6:30PM

A “closed again” sign is seen in a German shop window. Photo: Shutterstock

IPO

Listing spotlight: tariffs drag Shein back into the red ahead of Hong Kong IPO

Tariffs, war and rising costs squeeze company’s margins as IPO looms, testing investor appetite for fast-fashion.

27 Jul 2026 - 11:00AM

China-EU relations

Beijing vows to protect Chinese firms after EU hits Alibaba unit with fine

Commerce officials decry “discriminatory” barriers as source says firm had hired several outside consultants to vet goods and curb counterfeits.

22 Jul 2026 - 8:00PMvideocam

IPO

Shein clears Hong Kong IPO hurdle as valuation halves to below US$50b: sources

Regulatory headwinds, alongside prolonged IPO delays, have severely dented the unicorn’s valuation.

17 Jul 2026 - 5:31PM

A clothing display by Shein in a department store in Paris, November 4, 2025. Photo: AP

E-commerce

Shein executive chairman to step down as IPO nears completion, sources say

The departure of Chinese-American billionaire Donald Tang raises the question of whether founder Sky Xu will now step into the spotlight.

14 Jul 2026 - 2:32AMvideocam

China’s private sector

China records most new unicorn start-ups in 5 years as AI and robotics boom

The pace is the fastest since 2021 though momentum for some start-ups remains uncertain, according to a new report.

7 Jul 2026 - 10:00AM

China-EU relations

Exclusive | China signals openness to cut gaping EU trade gap as Brussels toughens stance

Beijing floats buying more European goods as the EU weighs new trade tools and presses for tangible progress by October.

3 Jul 2026 - 5:11AM

China’s Commerce Minister Wang Wentao, left, and EU trade chief Maros Sefcovic, who held talks in Brussels as Beijing and the bloc sought to ease escalating trade tensions. Photos: AFP

China-EU relations

China’s Fifa fever, EU’s trade deadline: 7 global relations reads

From the Quad’s critical mineral agenda to Shein’s Paris ousting, here are highlights from the SCMP’s overseas correspondents in June 2026.

1 Jul 2026 - 10:30PM

Lionel Messi celebrates scoring Argentina’s third goal during the FIFA World Cup 2026 Group J match against Jordan. Photo: Getty Images via AFP

SCMP Highlights

US, Iran sign peace deal; China’s C919 jets face safety checks: 7 highlights

From Malaysian tourists calling Chinese ‘smelly’ to Shein’s Paris store set to close soon, here are highlights from SCMP’s recent reporting.

22 Jun 2026 - 8:17AM

China-France relations

China’s Shein to be ousted from Paris store after other brands flee

New BHV Marais owners say Chinese fast-fashion heavyweight should leave by Christmas after brands pulled out in protest.

17 Jun 2026 - 5:25AM

China economy

Opinion | Why Shein’s French fines are a warning to Chinese firms going global

Chinese firms going global can’t just enter foreign markets – they must also work to earn the trust required to stay there.

14 Jun 2026 - 8:30PMvideocam

Fashion

Chinese fast-fashion juggernaut Shein to buy eco-friendly Everlane

The ‘jarring’ takeover bid arrives at a time when Everlane is struggling with weak sales and higher debt.

22 May 2026 - 11:37PMvideocam

Chinese fast fashion heavyweight Shein is buying Everlane for an undisclosed price. The deal comes as Everlane is struggling. Photo: AP

Icons and Influencers

Meet Ella Devi, the ‘socialist socialite’ fashion influencer drawing Maga ire

Nicknamed ‘hot girl for Zohran’ for her support of the New York mayor, she has called out Pete Hegseth’s wife and Erika Kirk for their fashion choices.

19 May 2026 - 6:00AM

China exports

Flood of small parcels from China pushes Belgian airport to limit

Belgium’s top customs official says main problem is that many products do not meet EU standards.

25 Apr 2026 - 3:00PM

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Shein

4 mainland Chinese firms jump into cooling Hong Kong IPO market

Led by RoboTechnik and Kinwong Electronic, quartet aims to raise up to US$1.8 billion in total, but most debuts this month have declined.

Shein slump deepens as stock tumbles 25% below IPO price

China presses France to drop ‘protectionist’ anti-fast fashion law

Brazil scraps tax on small parcels as Chinese platforms lose US and EU access

Congress cleared the measure days before it expired, handing Shein, Shopee and AliExpress a tariff-free lane into Latin America’s largest economy.

Shein slips on Hong Kong debut amid fast-fashion challenges

Fast-fashion company’s shares dropped as much as 10 per cent on the first day of trading after Hong Kong’s fourth-biggest IPO this year.

Shein shares recover after 10% drop on Hong Kong debut

The fast-fashion retailer sold 280 million shares at HK$48.56 each, according to an exchange filing Monday.

France takes aim at ultra-fast fashion with fee per garment

New policy targets platforms like Shein and Temu, which have exploded in popularity in France.

Bitcoin rally and Alibaba share purchases: the numbers moving markets

Alibaba shares, bitcoin, Hong Kong second-hand home prices and Shein’s IPO plans in spotlight this week.

Shein’s acquisition of Everlane faces US national security review

The review is focused on potential issues linked to the China-founded retailer’s purchase of a firm that handles Americans’ personal data.

Shein seeks to raise up to US$1.76 billion in Hong Kong IPO

Based on maximum offer price, IPO would value online fast-fashion retailer at over US$27 billion.

Shein pushes back Hong Kong debut to September amid delayed orders: sources

The fast-fashion firm originally aimed to wrap up its IPO in August, but a delay in investor orders has forced a change of plan, sources say.

Shein is eyeing a valuation rivalling H&M. Will the market buy it?

Ahead of its Hong Kong IPO, the e-commerce firm argues its supply chains and business model give it an edge over traditional rivals.

Shein set for Hong Kong IPO next week, eyes US$35b valuation: sources

Singapore-based company, which was founded in China, aims to raise as much as US$2.8 billion and began gauging investor demand last week.

How China’s brands are thriving in the US despite rising geopolitical tensions

Chinese brands like Pop Mart are winning over American consumers by projecting a global image and targeting niche markets.

Germany’s restful Sundays under scrutiny as Chinese imports pile on pressure

As rise of Chinese e-commerce platforms adds to pressure, having Sundays off remains protected under Germany’s Basic Law.

Listing spotlight: tariffs drag Shein back into the red ahead of Hong Kong IPO

Tariffs, war and rising costs squeeze company’s margins as IPO looms, testing investor appetite for fast-fashion.

Beijing vows to protect Chinese firms after EU hits Alibaba unit with fine

Commerce officials decry “discriminatory” barriers as source says firm had hired several outside consultants to vet goods and curb counterfeits.

Shein clears Hong Kong IPO hurdle as valuation halves to below US$50b: sources

Regulatory headwinds, alongside prolonged IPO delays, have severely dented the unicorn’s valuation.

Shein executive chairman to step down as IPO nears completion, sources say

The departure of Chinese-American billionaire Donald Tang raises the question of whether founder Sky Xu will now step into the spotlight.

China records most new unicorn start-ups in 5 years as AI and robotics boom

The pace is the fastest since 2021 though momentum for some start-ups remains uncertain, according to a new report.

.css-1f6sr3w{color:#727272;}Exclusive | China signals openness to cut gaping EU trade gap as Brussels toughens stance

Beijing floats buying more European goods as the EU weighs new trade tools and presses for tangible progress by October.

China’s Fifa fever, EU’s trade deadline: 7 global relations reads

From the Quad’s critical mineral agenda to Shein’s Paris ousting, here are highlights from the SCMP’s overseas correspondents in June 2026.

US, Iran sign peace deal; China’s C919 jets face safety checks: 7 highlights

From Malaysian tourists calling Chinese ‘smelly’ to Shein’s Paris store set to close soon, here are highlights from SCMP’s recent reporting.

China’s Shein to be ousted from Paris store after other brands flee

New BHV Marais owners say Chinese fast-fashion heavyweight should leave by Christmas after brands pulled out in protest.

.css-1pcrwvc{color:#2aa191;}Opinion | Why Shein’s French fines are a warning to Chinese firms going global

Chinese firms going global can’t just enter foreign markets – they must also work to earn the trust required to stay there.

Chinese fast-fashion juggernaut Shein to buy eco-friendly Everlane

The ‘jarring’ takeover bid arrives at a time when Everlane is struggling with weak sales and higher debt.

Meet Ella Devi, the ‘socialist socialite’ fashion influencer drawing Maga ire

Nicknamed ‘hot girl for Zohran’ for her support of the New York mayor, she has called out Pete Hegseth’s wife and Erika Kirk for their fashion choices.

Flood of small parcels from China pushes Belgian airport to limit

Belgium’s top customs official says main problem is that many products do not meet EU standards.

Exclusive | China signals openness to cut gaping EU trade gap as Brussels toughens stance

Opinion | Why Shein’s French fines are a warning to Chinese firms going global