Shein is considering London as a back-up option for a blockbuster flotation if US regulators block the online fast-fashion group’s preferred choice of a New York IPO over its ties to China.
The Singapore-headquartered company has pitched the UK as an alternative destination if it is unable to list in the US, according to two investors in the company.
One of these people said that Hong Kong had also been considered, but had decided against listing in the city, citing its stock market’s recent poor performance.
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