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Shein European sales drop on price hikes, EU fees; shares down 27% since IPO
Valor Econômico·CN · HK · EU·about 14 hours ago
Shein reported a quarterly profit in its first earnings release since listing on the Hong Kong Stock Exchange, marking a turnaround from prior losses. The report confirms improved financial performance, though details on margins and revenue growth remain limited. This signals a positive development for the company's equity story and broader e-commerce sector sentiment.
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