On September 25, SHEIN-W (00625.HK) fell 4.01% in regular trading to HK$36.08, with turnover of HK$5.8564 million, as investor caution mounted ahead of the September 28 board meeting set to review the first-half results and a potential interim dividend.

Market sentiment remains divided on the stock. Jefferies recently initiated coverage with an Underperform rating and a HK$26 target price, implying roughly 35% further downside, while Huachuang Securities struck a more optimistic tone with a Recommend rating and a HK$49.14 target. Huachuang forecasts net profit to decline 32.3% year-over-year to US$1.4 billion for the full year, pressured by the elimination of de minimis duty exemptions in the U.S. and intensifying cross-border competition, before rebounding 46.5% the following year. The stock has fallen approximately 26% from its IPO price of HK$48.56 since listing on September 1.

SHEIN International Holdings Limited is a global online fashion platform offering apparel, footwear, accessories, beauty, and home products under brands including SHEIN, MOTF, and SHEGLAM, operating primarily across overseas markets leveraging China-based supply chains.

(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.)