FCA Signals it Will Support 2025 Shein IPO
From Morningstar: 2024-12-03 05:57:17
The UK’s financial watchdog may allow fast fashion company Shein to list on the London Stock Exchange, focusing on disclosure rather than corporate behavior. Shein filed for an IPO with FCA in June, targeting a £50 billion valuation. The regulator is prioritizing disclosure of legal risks to inform investors. Shein is working with Goldman Sachs, JPMorgan, and Morgan Stanley on its listing plans, considering a London float early next year.
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