Shein Plans to File for London IPO as Soon as This Month: Rtrs

Shein plans to file for a listing with the London Stock Exchange as soon as this month, Reuters reports, citing a person with knowledge of the matter.

• The company, whose attempt to list in New York has faced regulatory obstacles, plans to update China’s securities regulator on the change in venue, the person said
• Shein has approached London-based fund managers for initial meetings ahead of the planned listing, Reuters reports, citing another person
• Shein and the LSE declined to comment: Reuters
• NOTE: Shein Said to Weigh London IPO Amid US Resistance to Listing

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