[ET Net News Agency, 31 August 2026]  SHEIN-W (00625) will be listed tomorrow (1st). It is currently at HK$41.5 on Phillip's grey market, 14.5% lower than the grey market's IPO price of HK$48.56. Based on 100 shares per lot, excluding handling fees, the book value loss per lot is HK$706. It is currently at HK$41.8 on Bright Smart's grey market, 13.9% lower than the grey market's IPO price. The book value loss per lot is HK$676.