Shein accelerates London IPO preparations
Shein now plans to update China's securities regulator on changing the IPO venue and file with the London Stock Exchange as early as this month
Shein is reportedly ramping up its move towards a London IPO after its attempt to float in New York faced regulatory hurdles, sources have told Reuters.One source told Reuters that Shein now plans to update China’s securities regulator on changing the IPO venue and file with the London Stock Exchange as early as this month.