China fashion retailer Shein to file confidentially for Hong Kong IPO in rare move, sources say

China-founded fast-fashion retailer Shein plans to file a draft prospectus confidentially for its Hong Kong listing, marking a rare departure from the usual practice of companies making public filings of IPO documents, three sources with knowledge of the matter said.

Shein aims to submit the filing confidentially as soon as this week, one of the sources said. A second source said the filing was expected to be made by Monday.

Shein’s confidential filing, if approved, would represent a waiver of one of the main listing rules by the Hong Kong exchange for…