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After regulators failed to approve Shein's proposed IPO in London, sources say the fast-fashion giant is moving its ambitions to Hong Kong.
A total of 428 IPO applications were withdrawn in China in 2024, according to Yicai Global, marking a 75% increase compared ...
"We will not shy away from holding e-commerce platforms to account, regardless of where they are based," said McGrath.
The online retail giant, operating in 150 countries, hoped for a significant debut on the London Stock Exchange this year.
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