After failed listing attempts in the US and UK, China's Shein to file confidentially for Hong Kong IPO: What makes this a rare move for Chinese company
The move, as per Reuters exclusive report, could make Shein one of the largest IPOs in Hong Kong this year. This approach requires a waiver from the Hong Kong stock exchange’s standard listing rules, which typically mandate public disclosure of IPO documents. The company will need to file with the CSRC within three days of submitting its Hong Kong application, in line with Chinese regulations for offshore listings. The company filed for a New York IPO but failed to secure CSRC approval, Reuters previously reported. Shein’s listing, however, hinges on navigating regulatory hurdles and addressing concerns about its supply chain and the impact of U.S. tariffs, which could influence its final valuation.
Source: The Times June 29, 2025 11:34 UTC
