Shein Mulls Moving Back to China to Facilitate Hong Kong IPO (2)

Aug. 20, 2025, 1:15 AM UTC

Shein Group Ltd. has considered moving its base back to China in the hopes that it would help sway Beijing authorities to sign off on the fast-fashion retailer’s plans to go public in Hong Kong, according to people familiar with the matter.

Shein, which is currently domiciled in Singapore, has consulted lawyers about setting up a parent company in mainland China, the people said, asking not to be identified discussing a private matter. The discussions were preliminary and there’s no guarantee that Shein would go ahead with the move, they said.

The company declined to comment. Shein has said little ...

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