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KCEX announced the launch of trading for tokenized SHEIN stock futures (HK0625/USDT), allowing round-the-clock exposure to the newly listed Hong Kong share with up to 25× leverage and USDT margin.
SHEIN commenced trading on the Hong Kong Stock Exchange on September 1, 2026, with an IPO valuation of approximately $26.2 billion—a sharp reduction from its previous private valuation near $100 billion in 2020. KCEX has launched 24/7 trading for tokenized SHEIN stock futures (HK0625/USDT), allowing users to gain exposure to the stock using USDT margins and up to 25× leverage, without the need for a Hong Kong brokerage account. KCEX’s announcement notes that the underlying IPO experienced relatively muted institutional demand and that the product joins its suite of tokenized equity futures, emphasizing access to traditional asset trading from a crypto-native platform.
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KCEX is a centralized cryptocurrency exchange established in 2021 and registered in the Seychelles, providing both spot and futures trading for digital assets. The platform operates under U.S. and Canadian regulatory oversight, including registration as a Money Services Business with FinCEN, and is known for its transparent security measures and user-friendly interface. For more detailed information, visit the broker profile on Traders Union: full review on Traders Union.
For context, our previous KCEX update highlighted the broker's user feedback rewards program, offering up to 200 USDT for selected suggestions or reported issues. You can read more details about this initiative in the previous KCEX update on Traders Union.