Synopsis
Shein has filed for an IPO in Hong Kong to speed up its long-delayed itemizing and strain UK regulators to approve a London debut, in response to the Monetary Instances. The transfer follows earlier stories of a confidential draft prospectus, marking a shift from typical public IPO submitting practices.
China-founded fast-fashion retailer Shein has filed for an preliminary public providing in Hong Kong to hurry up the extended itemizing course of and push the UK regulator to approve a London itemizing, the Monetary Instances reported on Tuesday.
Reuters couldn’t instantly confirm the report.
Reuters reported in June that Shein was planning to file a draft prospectus confidentially for its Hong Kong itemizing, marking a uncommon departure from the standard follow of corporations making public filings of IPO paperwork, citing three sources with data of the matter stated.
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