Shein is evaluating the possibility of moving its headquarters back to China from Singapore to facilitate a potential listing in Hong Kong. Initially based in China, Shein had relocated to Singapore in 2022 and was considering a £50 billion float in London. Nevertheless, regulatory issues in the UK, compounded by scrutiny over its supply chain operations, have driven Shein to reassess its plans. Additionally, new US restrictions on low-value imports pose challenges to the company's growth, further motivating the shift toward Hong Kong for its initial public offering.
Shein is considering relocating its headquarters back to China from Singapore to facilitate a potential listing in Hong Kong, overshadowing previous UK listing plans.
The decision to return to China is mainly driven by regulatory challenges in the UK and the US's tightened restrictions on low-value imports impacting Shein's growth.
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