Shein's IPO Stalled, Aims for Hong Kong
This is a London news story, published by CNBC, that relates primarily to Shein news.
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Entertainment
Shein's embattled IPO signals mounting troubles for fast fashion giant
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Fast fashion giant Shein 's much anticipated London IPO reportedly hit a fresh roadblock.
The e-commerce behemoth is now aiming for a Hong Kong listing after failing to receive approval from Chinese regulators for its much hyped London IPO .
A London listing was seen as a boon for the 16-year-old Chinese -founded company.
Analysts said they were unsurprised by the move given ongoing scrutiny surrounding the firm.