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Shein IPO: stock listing could happen in NY despite China

News Snapshot:

By Connie Lin 2 minute Read Shein, the massive Chinese fashion e-retailer that gives Amazon a run for its money, is reportedly eyeing a U.S. stock market listing once again, after last year’s plans were scuttled amid rising tensions between the countries. According to Reuters, which cited two people familiar with the matter , those plans are being revived despite the regulatory crackdown in China, which included tougher rules for offshore IPOs. In December, the Chinese government said firms of certain industries would need to be granted a waiver in order to seek foreign investment. Overseas investors, meanwhile, would be…

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