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Fast-fashion giant Shein suffered a weak start to its long-awaited stock market debut on Tuesday, with its shares falling sharply after beginning trading on the Hong Kong Stock Exchange. The disappointing performance highlights growing investor concerns about the company's slowing growth, rising costs and increasingly difficult regulatory environment. Shein's shares opened at HK$48.56, the price set for its initial public offering, before falling as much as 10% to around HK$4

The company's move to go public follows unsuccessful attempts to list in the United States and London, where regulatory hurdles and scrutiny surrounding the business complicated its plans. Shein, which is headquartered in Singapore but was founded in China, has grown rapidly since its establishment in 2008 to become one of the world's largest fast-fashion retailers, serving customers in more than 150 countries. The e-commerce company has built its business around ultra-low-pr