News > Shein steps up London IPO preparations amid US hurdles to listing
Shein steps up London IPO preparations amid US hurdles to listing
13/05/2024 05:16 PM | Click to read full article
Shein plans to update CSRC on the change of the IPO venue and file with the London Stock Exchange (LSE) as soon as this month, said a source. The China-founded fashion company has also approached London-based fund managers for introductory meetings ahead of the planned float, said another source. CSRC earlier this year informed Shein that the regulator would not recommend a US IPO due to the company's supply chain issues.