s Asia director of equity research, said in a note. 56 apiece, Shein said in a filing to the Hong Kong Stock Exchange, below the maximum announced offer price of HK$49. But the company now faces slowing growth and increasing regulatory pressure in Europe and the United States, its largest markets. Executive chairman Donald Tang told AFP last year that the company had "zero tolerance" for forced labour. Shein said it would use the funds to upgrade its technological capabilities and boost its international presence.