Shein US IPO uncertain due to Chinese regulator complications
Fast-fashion giant Shein is seeking the approval of China’s regulator to go public in the US, according to reports.
Sources close to the situation said a UK stock market float could be delayed depending on the decision made by the regulator in Beijing, Reuters has reported.
A delay is expected to come as a result of “tougher than expected scrutiny” from US regulators in the nation’s election year as well as a “lengthy approval process” including several Chinese regulators.
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