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shein ipo: Chinese fashion retailer Shein revives plan for New York listing in 2022

January 26, 2022
Source: gadgetsnow.com gadgetsnow.com
News Snapshot:
Hong Kong/Singapore: Chinese fashion retailer Shein is reviving plans to list in New York this year and its founder is considering a citizenship change to bypass proposed tougher rules for offshore IPOs in China, two people familiar with the matter said. It was not immediately clear how much the company was looking to raise from its New York debut. The initial public offering (IPO), if finalised, would be the first major equity deal by a Chinese company in the United States since regulators in the world's second-largest economy stepped in to tighten oversight of such listings in July. Shein, founded...
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