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Shein reports Q1 loss of $99 million ahead of planned Hong Kong IPO
Dagens IndustriLO·CN · HK·about 21 hours ago
Shein recorded a $99 million net loss in Q1 2026, with market valuation expectations falling below $50 billion. The company faces significant headwinds from US tariff policies, which are directly impacting sales performance and investor sentiment prior to its public offering.