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Why did Shein shares tumble in their Hong Kong debut? | Morning Bid

visibility comment0 event September 1, 2026 timer 06:54

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A global bond market rout is deepening as investors fret about rate hikes and worsening fiscal conditions. G20 finance chiefs are gathering as those rising bond yields and Russia’s presence at the meeting stir tensions. Plus, Shein shares tumble after a Hong Kong IPO values the company at a fraction of its former worth.

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