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LONDON - Shein's pursuit of a London IPO got a green light from the U.K.'s financial watchdog Financial Conduct Authority on Friday. First reported by Reuters, citing sources familiar with the ...
Shein's proposed London listing was also seen as providing a much needed boost to the U.K.'s lackluster IPO market after a string of delistings and defections amid intense competition from other ...
Shein is launching a pop-up store at Johannesburg’s Mall of Africa this weekend, as questions swirl over its tax practices and a reported $400 million profit ahead of new tariffs.
Shein plans to change the listing venue as it had not yet received approval for its London IPO from Chinese regulators, notably the China Securities Regulatory Commission (CSRC), the two sources said.
Shein will have to file with the CSRC within three working days after submitting its IPO application in Hong Kong, in line with Beijing's rules for Chinese firms seeking offshore listings.
Fast fashion giant Shein's troubles continue to mount after its much anticipated London initial public offering (IPO) reportedly hit a fresh roadblock. Stream Connecticut News for free, 24/7 ...