MEXC Introduces IPO Express for SHEIN with $1M Subscription Quota

MEXC, a leading cryptocurrency exchange known for its zero-fee trading, has unveiled IPO Express, an innovative event that enables eligible users to access SHEIN’s IPO subscription prior to its scheduled listing on the Hong Kong Stock Exchange on September 1, 2026.

This first-of-its-kind opportunity allows users to gain economic exposure to SHEIN’s performance post-listing using USDT, while receiving mirror credits without directly holding SHEIN shares. MEXC aims to democratize market participation, addressing the traditional concentration of IPO allocations among institutional investors that often leaves retail users with limited access.

Users can subscribe without needing a traditional securities account, and once they subscribe, they are not required to trade or time their exit. The settlement of mirror credits will be based on the offering’s closing price on its first trading day. The subscription process involves three steps: selecting the offering, submitting a subscription, and awaiting settlement, with unallocated funds automatically refunded.

The subscription period for the SHEIN IPO Express event runs from August 27, 2026, at 10:00 (UTC) to August 31, 2026, at 10:00 (UTC). The total subscription quota for the event is set at $1 million, divided into three categories:

• New User Subscription: $300,000 quota
• General Subscription: $500,000 quota
• Elite Subscription: $200,000 quota for VVIP users with an M-Score of 800 or above

The subscription price for SHEIN shares ranges from HKD 47.60 to HKD 49.50 (approximately $6.07 to $6.32), with the final price determined according to event rules. Eligible users can also enhance their individual subscription limits by completing additional deposit tasks during the event.

Participation in this event involves a subscription fee of approximately 1.0085% and a selling fee of 0.5%, charged at settlement. It is important to note that the mirror credits do not equate to direct ownership of SHEIN shares, and the final settlement amount may be lower than the user’s subscription amount based on market performance.

For more details, including full terms and risk disclosures, users can refer to the IPO Express event page.