SHEIN has officially entered the final stage of its long-awaited public listing. After earlier attempts to go public in the United States and London, the global online fashion retailer launched its HoSHEIN has officially entered the final stage of its long-awaited public listing. After earlier attempts to go public in the United States and London, the global online fashion retailer launched its Ho

SHEIN IPO Date: When Will SHEIN Go Public? Hong Kong Listing Timeline Explained

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作者：Sarah Chen

2026/08/25 13:19

重点摘要

SHEIN launched its Hong Kong IPO on August 24, 2026, offering 280 million shares at HK$47.60–HK$49.50. The final IPO price is due on August 31, with trading scheduled to begin September 1 under stock code 00625. Here is the latest SHEIN IPO timeline.

SHEIN has officially entered the final stage of its long-awaited public listing. After earlier attempts to go public in the United States and London, the global online fashion retailer launched its Hong Kong IPO on August 24, 2026, with its shares scheduled to begin trading on the Hong Kong Stock Exchange on September 1.

The company is offering 279,992,500 Class B shares, or roughly 280 million shares, at HK$47.60 to HK$49.50 per share. The offer price is expected to be determined by August 28 and publicly announced on or before August 31. SHEIN will trade under Hong Kong stock code 00625.

What to Know

SHEIN officially launched its Hong Kong IPO on August 24, 2026.
The IPO price range is HK$47.60 to HK$49.50 per share.
About 280 million Class B shares are being offered.
The final offer price is expected to be announced by August 31.
SHEIN shares are scheduled to begin trading on September 1, 2026.
SHEIN’s Hong Kong stock code is 00625.
The IPO range implies a market capitalization of approximately US$25.8 billion to US$26.8 billion.

When Is the SHEIN IPO Date?

There are now two important dates in the SHEIN IPO timeline.

August 24 was the IPO launch date, when SHEIN formally opened the Hong Kong offering and disclosed its share-sale terms and price range. September 1 is the expected listing date, when SHEIN shares are scheduled to begin regular trading on the Hong Kong Stock Exchange.

This distinction matters because an IPO can be launched several days before public trading begins. During that period, investors submit orders, bookbuilding takes place and the final offer price is determined.

An earlier August 28 listing target reported in mid-August is therefore outdated. The formal offering documents now point to September 1 as the expected first trading day.

What Is the Latest SHEIN IPO Timeline?

SHEIN’s route to the public market has taken nearly three years and involved several potential listing venues.

The company initially pursued a U.S. IPO in 2023, but the plan faced regulatory and political scrutiny. SHEIN later shifted toward London, where its draft prospectus progressed through the UK regulatory process, although the listing did not ultimately move forward.

The company then turned to Hong Kong. Chinese regulators cleared the Hong Kong listing in July 2026, allowing SHEIN to advance toward formal investor marketing and the final IPO process.

The current timeline is much clearer:

July 2026: SHEIN receives key Chinese regulatory clearance for its Hong Kong listing.

August 24: SHEIN officially launches the IPO and begins offering shares at HK$47.60–HK$49.50.

August 28: The offer price is expected to be determined.

By August 31: SHEIN expects to announce the final IPO price and allocation results.

September 1: Trading is scheduled to begin on the Hong Kong Stock Exchange under stock code 00625.

The latest official offering documents should take precedence over earlier reported target dates.

What Is the SHEIN IPO Price?

SHEIN has set its IPO price range at HK$47.60 to HK$49.50 per share.

The company is offering 279,992,500 Class B shares. At the top of the range, the base offering would generate approximately HK$13.86 billion in gross proceeds before fees and any over-allotment.

The offer range implies a market capitalization of approximately HK$202.1 billion to HK$210.2 billion, equivalent to roughly US$25.8 billion to US$26.8 billion.

The IPO price should not yet be described as SHEIN’s live stock price. It determines how shares are allocated in the offering. An actual market-driven SHEIN stock price will only exist after trading begins on September 1.

What Is the SHEIN Stock Ticker?

SHEIN’s Hong Kong stock code is 00625.

This is an important update because earlier draft listing materials did not include a confirmed stock code. Investors searching for a SHEIN ticker or stock symbol can now distinguish the official Hong Kong listing from symbols used by private-market platforms or derivative products.

The current IPO is a Hong Kong listing. SHEIN’s earlier U.S. and London listing efforts did not result in publicly traded shares, so investors should not expect a Nasdaq or NYSE ticker from the current offering.

Is SHEIN Publicly Traded Yet?

Not yet.

As of August 25, SHEIN has formally launched its IPO but regular public trading has not begun. The company now has an official price range and stock code, but it does not yet have a live public share price.

That changes once 00625 begins trading. Investors will then be able to observe SHEIN’s opening price, live share price and public market capitalization instead of relying on private valuations or IPO pricing.

The distinction is especially important before listing because the IPO offer price, private valuation and derivative price are different concepts.

Readers who want a broader introduction to SHEIN and the available ways to access market exposure can read What Is SHEIN? How to Buy and Short SHEIN on MEXC.

Trade SHEIN on MEXC

Eligible users can access the SHEINSTOCK_USDT perpetual futures on MEXC for long or short derivative exposure to SHEIN.

SHEINSTOCK_USDT is a derivative, not SHEIN equity. Holding the future does not provide ownership, voting rights or dividends, and its price may differ from both SHEIN’s IPO price and the eventual public share price.

Frequently Asked Questions

When is the SHEIN IPO?

SHEIN launched its Hong Kong IPO on August 24, 2026. Public trading is scheduled to begin on September 1.

When will SHEIN go public?

SHEIN shares are expected to begin trading on the Hong Kong Stock Exchange on September 1, 2026.

What is the SHEIN IPO price?

The IPO price range is HK$47.60 to HK$49.50 per share. The final offer price is expected to be announced on or before August 31.

What is the SHEIN stock ticker?

SHEIN’s Hong Kong stock code is 00625.

Is SHEIN publicly traded?

Not yet. The IPO has launched, but regular public trading is scheduled to begin September 1.

How much is SHEIN raising?

At the top of the offer range, the base offering would generate approximately HK$13.86 billion in gross proceeds before fees and any over-allotment.

How much is SHEIN worth?

The IPO range implies a market capitalization of approximately US$25.8 billion to US$26.8 billion.

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