HONG KONG: Shein is working towards a listing in Hong Kong after the online fast-fashion retailer's proposed initial public offering (IPO) in London failed to secure the green light from Chinese regulators, said three sources with knowledge of the matter.

Insurer added CMB International and HSBC as overall coordinators on Thursday, joining Goldman Sachs and Morgan Stanley on the panel FWD Group, the insurer founded by tycoon Richard Li Tzar-kai, could be listed in Hong Kong as soon as July after making its third attempt to list its shares amid a flurry of initial public offerings (IPOs) in the city,

First it was New York, then London, but reports this morning suggest that Hong Kong might be where the Shein IPO finally lands amid ongoing regulatory roadblocks.