TradeXYZ Launches SHEIN Pre-IPO Perpetual Contract

Decentralized trading platform TradeXYZ has launched a market for SHEIN pre-IPO perpetual contracts, allowing investors to trade on the anticipated valuation of SHEIN's future listing. This market reflects the expected listing price of Class B common shares of SHEIN Global Holdings Limited, which is anticipated to be listed on the Hong Kong Stock Exchange under the stock code 0625. The product is designed based on expected market prices prior to the IPO, enabling users to trade its potential issuance price before SHEIN's official IPO. SHEIN is a global online fashion and lifestyle retail platform that has attracted attention from capital markets due to its rapid growth and global expansion.

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