On September 16, SHEIN-W rose 3.55% in regular trading, reaching HK$39.08 per share, with turnover of approximately HK$38.12 million, as buying momentum carried over from the prior session following the stock's formal inclusion in the Hang Seng Composite Index.
SHEIN-W was officially added to the Hang Seng Composite Index and its sub-indices — including the Hang Seng Composite Industry Index (Consumer Discretionary), the Hang Seng Composite LargeCap Index, and the Hang Seng Composite Large & MidCap Index — effective September 15. Analysts noted that the inclusion is expected to trigger passive fund allocation demand and improve stock liquidity. However, due to SHEIN-W's weighted voting rights (WVR) structure, the company still needs approximately seven months before becoming eligible for Stock Connect, limiting near-term access to southbound capital. Separately, Jefferies initiated coverage with an Underperform rating and a HK$26 target price, citing rising cost pressures on the company's low-cost parcel model. Huaxi Securities, meanwhile, expressed a constructive medium-to-long-term view, highlighting potential margin improvement from declining fulfillment and marketing expense ratios.
SHEIN International Holdings Limited is a company primarily engaged in offering online fashion products, including apparel, footwear, accessories, beauty, home and lifestyle products under the SHEIN, MOTF, and SHEGLAM brands.
(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.)