China fashion retailer Shein files for Hong Kong IPO to save London listing: FT

Shein has filed for an IPO in Hong Kong to accelerate its long-delayed listing and pressure UK regulators to approve a London debut, according to the Financial Times. The move follows earlier reports of a confidential draft prospectus, marking a s...

Agencies
China-founded fast-fashion retailer Shein has filed for an initial public offering in Hong Kong to speed up the prolonged listing process and push the UK regulator to approve a London listing, the Financial Times reported on Tuesday.

Reuters could not immediately verify the report.

Reuters reported in June that Shein was planning to file a draft prospectus confidentially for its Hong Kong listing, marking a rare departure from the usual practice of companies making public filings of IPO documents, citing three sources with knowledge of the matter said.

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