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Published August 27, 2026

BBX Has Listed the SHEIN Hong Kong Equity Pre-IPO Perpetual

Dear BBX Users:

BBX listed the SHEINUSDT Hong Kong equity Pre-IPO perpetual at 08:00 UTC on August 27, 2026.

Users can now trade the SHEINUSDT Hong Kong equity Pre-IPO perpetual on BBX.

SHEIN is a global online fashion and lifestyle retailer that has launched its Hong Kong initial public offering and is seeking to list as SHEIN-W (HKEX stock code: 00625). SHEINUSDT is a Pre-IPO perpetual linked to SHEIN's pre-listing Hong Kong market exposure. The BBX product is a Hong Kong equity Pre-IPO perpetual token—not SHEIN equity, securities or future listed shares.

Pre-IPO product prices may be affected by market expectations, valuation changes, the listing process and liquidity, and may differ materially from any future public-market price.

Please make sure you fully understand price volatility and Pre-IPO perpetual risks before trading. Manage your positions carefully and trade with caution.

Thank you for your support.

BBX Team

August 27, 2026