On the morning of the 1st, SHEIN (stock code: 00625) was officially listed on the Main Board of the Hong Kong Stock Exchange. Based on 2025 retail sales, SHEIN is the world's largest online fashion destination and one of the world's top five apparel and footwear companies. This listing makes it the largest fashion brand IPO in Hong Kong in 2026. Partners and employee representatives from around the world gathered on site to witness the milestone bell-ringing moment.

It is reported that SHEIN pioneered the "Large-scale Automated Test and Re-order" (LATR) model, serving about 160 markets worldwide, with 273 million active customers in 2025. In this global offering, SHEIN issued approximately 279.99 million Class B shares, with a final offer price of HK$48.56 per share. The net proceeds from the global offering were approximately HK$13.214 billion, which will be used to continue investing in enhancing technological capabilities, brand awareness and global presence, as well as promoting corporate responsibility initiatives.

SHEIN said: "Listing in Hong Kong is a new starting point for SHEIN. In the future, we will continue to innovate and optimize supply, create win-win outcomes with supply chain partners, and embed compliance, transparency and ESG principles throughout the entire value chain, so that global consumers can fully enjoy the beauty of fashion."