Shein IPO and stock market debut
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Shein shares fall amid contact-lens cleaner recall in Australia and New Zealand
Shein made its debut in Hong Kong earlier in the month.
One of Shein's contact lens products was recalled by Australia and New Zealand.
Shein's Hong Kong-listed shares were 9.49% lower at HK$36.26.
Shein stock market entry falters
Shein is a Singapore-headquartered retailer.
Shein reported revenue of $38.7 billion in 2024.
The U.S. ended de-minimis treatment for shipments from China and Hong Kong in May of last year.
Shein targets nearly $27bn valuation in stock market debut
Shein's attempt to go public on the London Stock Exchange collapsed after the company came under scrutiny over its refusal to answer questions about its supply chain practices.
Shein said the Iran war had hit demand, increased costs and caused delays of deliveries in some markets.
Shein plans to raise up to HK$13.86bn (£1.3bn; $1.77bn) when its shares start trading on the Hong Kong stock market on 1 September.