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SHEIN eyes 2022 U.S. IPO, in what may be the first big Chinese firm to list in the U.S. since last summer Fortune

January 26, 2022
Source: fortune.com fortune.com
News Snapshot:
Never miss a story: Follow your favorite topics and authors to get a personalized email with the journalism that matters most to you.SHEIN, the fast fashion e-retailer based in China, is rekindling plans for an initial public offering in New York later this year, according to Reuters . CEO Chris Xu, a Chinese citizen, is considering obtaining Singaporean citizenship in a bid to help smooth the IPO process, says the same report, which cites two people familiar with the matter. Last year, Chinese regulators enacted a series of stringent laws targeting homegrown firms listing overseas, citing national security.In response, a...
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Tags: bid | CEO | China | Chinese | email | fashion | initial public offering | ipo | IT | listing | national security | New York | News Media | overseas | report | retail | retailer | Reuters | Security | Singapore | U.S.

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