On September 7, SHEIN-W rose 3.09% in regular trading, trading at 39.06 HKD/share, with turnover of 9.8042 million HKD, rebounding after four consecutive sessions of post-IPO declines that had seen the stock fall over 17% from its 48.56 HKD offering price.

On the news front, the Hang Seng Index series quarterly review officially took effect on September 7, with Goldman Sachs estimating over 7.2 billion USD in total two-way passive fund flows from the rebalancing. Meanwhile, SHEIN-W is set to be included in the Hang Seng Composite Index on September 15 under the fast-track inclusion mechanism, after meeting the top-10% market capitalization threshold on its listing day. Analysts note that inclusion typically attracts passive fund allocation from ETFs and index funds tracking the Hang Seng series, which had approximately 106.6 billion USD in assets under management as of June. However, as a weighted voting rights company, SHEIN-W will need to wait approximately seven more months before becoming eligible for Stock Connect.

SHEIN International Holdings Limited is a global online fashion and lifestyle retailer operating the SHEIN, MOTF, and SHEGLAM brands, offering apparel, footwear, beauty, and home products across approximately 160 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.)