On September 30, SHEIN-W fell 3.11% in regular trading to 30.52 HKD per share, with turnover of approximately 10.07 million HKD, marking a fresh post-IPO low. The decline follows the company's first interim results since its September 1 listing, which revealed significant profit pressure.

According to the results released on September 28, SHEIN reported H1 net revenue of USD 20.134 billion, up just 1% year-on-year. Adjusted net profit came in at USD 499 million, down 55.6% year-on-year, while operating profit fell 52.9% to USD 493 million. Q2 performance was even weaker, with adjusted net profit of USD 228 million, representing a 66.6% year-on-year decline. The margin compression was primarily attributed to surging oil prices and freight costs driven by Middle East geopolitical tensions. Management cautioned that the external environment in H2 remains highly uncertain, with tariff headwinds and logistics cost volatility likely to persist. The stock has now fallen roughly 37% from its IPO price of 48.56 HKD.

SHEIN International Holdings Limited is an online fashion and lifestyle retailer offering apparel, footwear, accessories, beauty, home, and lifestyle products under brands including SHEIN, MOTF, and SHEGLAM, operating across domestic and overseas 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.)