Shein has confidentially filed for an initial public offering in Hong Kong as the online fast-fashion retailer seeks to accelerate a drawn-out listing process and pressure the UK regulator into approving a London listing.
The Singapore-based company, which was founded in China, privately filed a draft prospectus last week with Hong Kong’s exchange (HKEX) and sought the blessing of the China Securities Regulatory Commission, according to two people with knowledge of the matter.