London Bankers Scour Market for IPO Reboot After Shein Stalls

London bankers and investors are pinning their hopes on a handful of candidates to get initial public offering activity off the ground after the much-anticipated listing of Shein hit a pause.

A blockbuster IPO by Shein, planned for this year and at one point eyeing a valuation of as much as £50 billion ($67 billion), was often touted as the catalyst that London needed to reignite IPO activity.

Instead, the Chinese-founded fashion retailer got caught up in the US tariff war. Progress on the deal has slowed to a crawl as Shein assesses the impact of the trade restrictions on ...