Reported 1 day ago
Shein Group is exploring the possibility of relocating its headquarters back to China to secure Beijing's approval for its upcoming IPO in Hong Kong, according to Bloomberg News. The Singapore-based fast-fashion retailer has been in talks with lawyers regarding the establishment of a parent company in mainland China. While discussions are in early stages and no final decision has been made, this move comes amid Shein's ongoing efforts to navigate regulatory challenges for its IPO amid rising tensions between the US and China.
Source: YAHOO