Shein shares debuted on the Hong Kong Exchange on September 1, 2026, opening at HK$48.56 and closing the session at HK$43.8 after raising $1.7 billion. The IPO valued the company at $26.5 billion, down from a 2022 estimate of $100 billion, with retail and international tranches subscribed 5.63 times and 2.59 times respectively. The listing followed unsuccessful attempts in New York and London that Chinese authorities blocked.