Shein’s Hong Kong IPO Filing Reveals Damage Done By End of De Minimis Rule

Online fashion retailer Shein revealed https://www1.hkexnews.hk/app/sehk/2026/108766/documents/sehk26072600126.pdf">in paperwork for its forthcoming Hong Kong Stock Exchange IPO that last year’s elimination of regulations allowing retailers to import low-cost items without paying duties had hit its business hard.

Shein’s revenue growth slowed to 1.1% in the ...