Reported 4 months ago
Fashion firm Shein is gearing up to file a prospectus with Britain's Financial Conduct Authority for a potential London initial public offering valued around 50 billion pounds. Following regulatory hurdles and pushback in the U.S., Shein is now focusing on a London listing, with preparations underway after engaging with financial and legal advisors earlier this year. While facing scrutiny for its listing in London, the company stated it is enhancing governance and compliance in response.
Source: YAHOO