The shop Shein sells cheap clothes. Now the firm goes to the stock market in Hongkong. People can buy parts of the firm. These parts are Aktien. But the start on Tuesday was bad. The price for one share falls fast by up to 10 percent. The firm is now worth less than before.
Shein wants to go to other stock markets before. The plans for New York and London do not work. Many people critizise the firm. Politicians worry about the work in the factories. The source of the cotton is also a problem. People think about forced work in China. Shein says that is wrong.
New rules for Zoll make big problems for Shein. There are new laws in the USA and Europe. Cheap packages are no more free of tax. Now Shein must pay more money to the state. That makes the clothes more expensive. The firm earns less money now. Shein wants to sell other brands on its web site too.
