On September 8, SHEIN-W rose 3.1% in regular trading, trading at 40.5 HKD/share, with turnover of approximately 20.88 million HKD. The stock continues to recover after consecutive post-IPO declines.

The rebound is primarily driven by the approaching inclusion in the Hang Seng Composite Index and its sub-indices, scheduled to take effect after market close on September 14. Hang Seng Indexes Company previously confirmed that SHEIN meets the fast-track inclusion criteria, with the changes becoming effective on September 15. Index-tracking funds are expected to build positions ahead of the effective date, providing buying support.

SHEIN listed on the Hong Kong Stock Exchange on September 1 at an IPO price of 48.56 HKD, raising approximately 13.21 billion HKD in net proceeds after a 5.63x oversubscribed public offering. However, the stock fell over 20% from its listing price in the first four trading sessions. Notably, due to its weighted voting rights structure, SHEIN must meet additional requirements including a minimum six-month listing period plus 20 trading days before becoming eligible for Stock Connect, limiting near-term incremental southbound capital inflows.

SHEIN Global Holdings Limited is a global online fashion and lifestyle company. The company offers diversified products including apparel, footwear, accessories, beauty, home, and lifestyle categories under its core brands SHEIN, MOTF, and SHEGLAM, operating across domestic and international markets.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)