Sheen to proceed with issuing shares on the Hong Kong Stock Exchange
Shein is preparing to launch its initial public offering (IPO) on the Hong Kong Stock Exchange, following the failure of previous attempts to list in the U.S. and London markets. The offering is expected to take place in the coming months, contingent upon approval from China's securities regulatory committee, although the final timeline remains uncertain. This move comes after the company relocated its headquarters to Singapore in 2021, aiming to expand its global presence.
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