Shein working towards Hong Kong listing after London IPO stalls: Report
- Shein is working towards a Hong Kong stock exchange listing in 2025 after its planned London IPO stalled due to delayed Chinese regulatory approval.
- The unsuccessful London IPO occurred after Shein obtained FCA approval but encountered an unforeseen hold-up and minimal updates from the China Securities Regulatory Commission.
- Shein's London listing complications arose amid allegations of sourcing cotton from Xinjiang, legal challenges by NGOs, and increased scrutiny under tightening Chinese IPO vetting rules.
- Shein's valuation for IPO purposes reportedly dropped to around $50 billion, down nearly 25% from its 2023 private valuation of $66 billion amid pressures from regulatory and tariff changes.
- The move towards Hong Kong reflects renewed optimism in the Asian financial market, which has seen significant IPO fundraising growth in 2025 despite broader challenges in China and the West.
42 Articles
42 Articles
Considered from Monday in the Senate, the bill on the environmental impact of the fashion industry is being attacked by the Chinese giant. With former minister Christophe Castaner at the head of the bridge or influencer Magali Berdah.
After two failures, the Chinese fast fashion giant finally hopes to win his introduction to the stock exchange. ...
Crypto king torture investigation takes shocking turn
A fresh roadblock in Shein’s long-anticipated IPO marks the latest blow for the fast fashion giant as it battles ongoing scrutiny. Analysts said the e-commerce behemoth’s reported shift from London to Hong Kong was unsurprising. A London listing was seen providing international legitimacy and access to a mature investor pool. Fast fashion giant Shein’s troubles continue to mount after its much anticipated London initial public offering (IPO) rep…
Coverage Details
Bias Distribution
- 59% of the sources are Center
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage