According to CoinMeta, Trade.xyz has announced the launch of the SHEIN Pre - IPO perpetual contract market, which reflects the expected price per share of SHEIN Global Holdings Limited B class ordinary stocks. SHEIN is expected to be listed on the Hong Kong Stock Exchange on September 1st, with the stock code 0625. Currently, the offering price range for IPO shares on the HKEX is between HKD 47.60 and HKD 49.50. After listing, the oracle will convert the HKEX stock price into US dollars based on the prevailing USD/HKD exchange rate at that time.