Shein explores London IPO after worrying about SEC approval in New York, sources say
The fast fashion giant is considering its listing options.
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The fast fashion giant is considering its listing options.
Shein, which was founded in China but is now headquartered in Singapore, is in the early stages of exploring the London option as it has judged it unlikely that the US Securities and Exchange Commission will approve its IPO, the people said, asking not to be identified discussing confidential information.
Shein, which was founded in China but is now headquartered in Singapore, is in the early stages of exploring the London option as it has judged it unlikely that the US Securities and Exchange Commission will approve its IPO, the people said, asking not to be identified discussing confidential information.
Fast-fashion brand Shein is reportedly rethinking its U.S. initial public offering (IPO) due to regulatory resistance.
Report by US-China Economic and Security Review Commission finds the value of roughly 256 Chinese companies on US markets slid 17.5 per cent from 2022.