STOCKS | Shein-W Falls 3.5% On Second Trading Day

Shein-W (00625) fell 3.5% to HK$46.82, after trading between HK$46.74 and HK$48.28, with turnover of 4.7767 million shares worth HK$225 million, according to ETNet. The stock closed 3.6% below its IPO price of HK$48.56 on its second day of trading after debuting yesterday. For IPO investors holding one board lot of 100 shares, the paper loss was HK$174 per lot, excluding transaction costs.