Business & Finance
12 January 2024, 7:24 am 1 minute
Reuters was first to report that Shein is seeking Beijing’s nod to go public in the U.S., highlighting the limits of the fashion company’s efforts to present itself as global rather than a Chinese company.
Market Impact
The move could further complicate Shein’s listing plans, which have run into political opposition in the United States. A bipartisan group of U.S. lawmakers has called on the Securities and Exchange Commission to block Shein’s initial public offering until it verifies it does not use forced labor.
Article Tags
Topics of Interest: Business & Finance
Type: Reuters Best
Sectors: Retail & Consumer Goods
Regions: AmericasAsia
Countries: China
Win Types: Speed
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Significant National Story
