Tech
Shein weighs China relocation to ease path for Hong Kong IPO: Bloomberg
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Fast-fashion retailer Shein Group has considered relocating its headquarters back to China in an effort to gain Beijing authorities’ approval for its planned Hong Kong IPO, Bloomberg News reported on Tuesday, citing sources.
Singapore-headquartered Shein has consulted lawyers on setting up a parent company in mainland China, the report said, adding that discussions were only preliminary with no guarantee of Shein finalizing the move.
Reuters could not immediately verify the report. Shein did not immediately respond to Reuters’ request for…
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