Shein IPO and stock market debut
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Shein shares fall amid contact-lens cleaner recall in Australia and New Zealand
An incident was reported in the United Kingdom involving a user who developed an eye infection.
A sample of the recalled contact lenses tested positive for Burkholderia cepacia complex, a bacterial contaminant found in the solution in which the lenses were packaged.
Shein shares fell as much as 10% in Hong Kong.
Shein stock market entry falters
Shein reported revenue of $41.8 billion in 2025.
Shein shares lost 17.5% since their Hong Kong market debut on Tuesday.
The EU introduced a temporary 3-euro duty per item.
Shein targets nearly $27bn valuation in stock market debut
Shein previously failed in attempts to list in the US and London due to regulatory challenges.
Shein said it swung to a quarterly loss as its sales slowed after US President Donald Trump removed an import duty waiver on small packages called the de minimis exemption.
At the top of the share price range, Shein would be valued at almost $27bn (£19.8bn).