Shein Gears Up for Listing Review in Hong Kong Stock Exchange

Shein is ready to face the Hong Kong stock exchange’s listing committee this Thursday, as reported by Reuters from insider sources. This meeting marks a crucial step before the fast-fashion giant can proceed with pricing its public offering. After receiving approval from the China Securities Regulatory Commission last Friday, allowing Shein to issue up to 341.6 million H shares within a year, the company finally secured the necessary clearance for its listing journey that spanned over three years and two continents. Initially eyeing New York and London for its IPO, challenges stemming from regulations and politics caused both plans to…