SHEIN Passes HKEX Listing Hearing – World’s Largest Online Fashion Platform
NewTimeSpace News: SHEIN Global Holdings Limited passed the Hong Kong Stock Exchange listing hearing on 26 July. Goldman Sachs, Morgan Stanley and JPMorgan act as joint sponsors. As the world’s largest online fashion destination, the Company served around 273 million active customers across approximately 160 markets in 2025, posting net revenue of USD41.8 billion with more than 2 million apparel styles available. The Company pioneered the Large-scale Automated Small-batch Quick-response (LATR) operating model.
NewTimeSpace News: SHEIN Global Holdings Limited passed the listing hearing of the Hong Kong Stock Exchange on 26 July 2026, with Goldman Sachs, Morgan Stanley and JPMorgan appointed as joint sponsors.
The Company is a global online fashion and lifestyle enterprise. In 2025, it provided services to roughly 273 million active customers covering around 160 markets. It recorded net revenue of USD41.8 billion, representing a year-on-year rise of approximately 14.2%, alongside net profit of about USD2.064 billion. The compound annual growth rate of net revenue stood at 21.2% from 2023 to 2025.
The Company pioneered its proprietary Large-scale Automated Small-batch Quick-response (LATR) operating model, enabling an optimal balance among product diversity, speed of new design launches and inventory management efficiency. As at 31 December 2025, the Company offered over 2 million apparel styles sold via its first-party model. By dynamically adjusting supply in real time based on demand, the Company minimises inventory waste, advances sustainable development across the industry and improves profitability.
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