BUSINESSSCMP WORLD
Shein receives approval for Hong Kong IPO from Chinese regulators
Shein Global Holdings has received approval from the China Securities Regulatory Commission (CSRC) to proceed with an initial public offering (IPO) in Hong Kong. The company plans to issue up to 341.6 million shares on the Hong Kong stock exchange, after previous attempts to list in New York or London were halted due to regulatory scrutiny in the US and Europe.
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