China’s Shein Shifts IPO Attempt From NYSE to UK: Report

Xiaohua Li
By Xiaohua Li
June 26, 2024China in Focus
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China-founded e-commerce giant Shein is quietly pushing toward a confidential IPO in London, but its affordable fashion could soon face more scrutiny under a new rule from the European Union. Starting this August, the EU’s Digital Services Act will prevent Shein from selling counterfeits in the bloc.

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