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Shein seeks China's permission for US IPO

In November 2023, the fast fashion giant reportedly filed confidentially for an initial public offering (IPO) in the US. The company is now seeking permission from China in what’s expected to be a lengthy approval process by Chinese regulators. ....

United States , South Africa , Noluthando Ngeno , Chinese Company , Initial Public Offering Ipo ,

Exclusive: Shein files with Chinese regulator for planned US float

Fashion company Shein is seeking Beijing's nod to go public in the U.S., two sources with knowledge of the matter said, a decision which could delay its float plans and comes despite efforts to distance itself from China. The Singapore-based company, valued at $66 billion in a May fundraising according to one of the sources, filed with the Chinese regulator in November to comply with new listing rules for local firms, two sources with knowledge of the matter said. Shein's listing plans are likely not only to face tougher-than-expected scrutiny from U.S. regulators in an election year in the U.S., the sources said, but will also have to go through a lengthy approval process with numerous Chinese regulators. ....

United States , Hong Kong , New York , Sumeet Chatterjee , Anirban Sen , Julie Zhu , Chris Xu , Elaine Hardcastle , Kane Wu , Reform Commission , China Securities Regulatory Commission , National Development , Listing Rules , Capital Of China , Citing Sources ,

shein ipo: Shein files with Chinese regulator for planned US float

Fashion company Shein is seeking Beijing s nod to go public in the U.S., a decision which could delay its float plans. The Singapore-based company, valued at $66 billion in a May fundraising, filed with the Chinese regulator in November to comply with new listing rules for local firms. ....

New York , United States , Chris Xu , Offering College , Reform Commission , China Securities Regulatory Commission , Indian School Of Business , Technology Leadership , National Development , Tech Prowess , High Value Skill , Data Science For , Didi Global , Shein Ipo , Chinese Regulator , Shein Us Ipo , Us Float ,