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<IPO>Shein Plans to List in HK This Yr as London IPO Hits Hurdles: Rumor
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Shein intends to list in Hong Kong this year as its London IPO plan has failed to obtain approval from Chinese regulatory authorities, Reuters reported, citing sources. The company is planning to submit its prospectus to HKEX (00388.HK) in the coming weeks. It is understood that China did not grant approval to Shein swiftly even after it received approval from the UK's Financial Conduct Authority (FCA) to list in London in March. As a result, the company is considering listing in Hong Kong instead. AAStocks Financial News |
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