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Shein Is Said to Weigh Switching IPO to HK Instead of London

Shein bags.Photographer: Noriko Hayashi/Bloomberg

Takeaways by Bloomberg AI

Shein Group Ltd. is considering switching its planned initial public offering to Hong Kong from London, people familiar with the matter said, representing the latest twist in the fast-fashion retailer’s turbulent pursuit of going public.

Shein and its advisers have shifted focus because the approval process with Chinese regulators for its proposed London listing was dragging on, the people said, asking not to be identified because the deliberations are private.