8 months ago
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Fast-fashion company believes it unlikely that SEC will approve US flotation, according to report
The fast-fashion company Shein is reportedly considering a stock market flotation in London rather than New York because of potential problems with a listing in the US, its preferred location.
Shein, which was founded in China but is now based in Singapore, is in the early stages of exploring an initial public offering in London because it believes it is unlikely that the US Securities and Exchange Commission would approve its initial public offering (IPO), Bloomberg reported.
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