SHEIN to Join Hang Seng Composite Index

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Shein will be included in the Hang Seng Composite Index, effective September 15. This inclusion is expected to increase institutional investment and passive fund inflows into the company's stock. The move could also boost Shein's liquidity and market visibility.

This follows Shein's Hong Kong debut on September 1, where shares initially fell as much as 10% before recovering to close down 0.1% at HK$48.50. The company raised $1.7 billion in its IPO, pricing shares at HK$48.56. Since this news broke,

SHEIN is down -0.29% on Hyperdash.

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