Shein

SHEIN completed its Hong Kong listing on 2026-09-01, trading on HKEX under stock code 0625 after pricing 280 million class B shares at HK$48.56 - the midpoint of the HK$47.60-49.50 range - to raise about HK$13.6B (~$1.74B) at a market capitalisation of roughly $26.3B. The listing followed an abandoned New York attempt (confidential SEC filing, November 2023), a stalled London attempt, CSRC approval on 2026-07-10 and an HKEX prospectus published 2026-07-26 that disclosed FY2025 revenue of $41.8B and net profit of $2.064B; the Hong Kong retail tranche was covered 5.63x and the international tranche 2.59x. Shares fell as much as 10% on debut to an intraday low of HK$43.72, leaving SHEIN valued around 60% below the $66B post-money of its 2023 private round and roughly 73% below its ~$100B 2022 mark.

Shein shares can be purchased through any standard brokerage account — including Fidelity, Charles Schwab, TD Ameritrade, and online platforms like Robinhood or E*TRADE. Search for the ticker to place an order.

Shein had a valuation of approximately $66B at the time of its public offering. Current market capitalization fluctuates with the share price.

Shein raised $4.05B across 7 disclosed funding rounds prior to its public listing.

Shein was co-founded by Sky Yangtian Xu, Molly Miao, Maggie Gu, and 1 others in 2008.

Shein is headquartered in Singapore.