BEAMSTART Logo

If the US IPO of Shein is blocked due to its ties to China, the company is considering listing in London.

Financial Times LogoFinancial Times2 mo ago

 If the US IPO of Shein is blocked due to its ties to China, the company is considering listing in London. - Financial Times

Quick Summary:

Shein was valued at more than $60bn in its most recent private fundraising round last year, down from a peak of $100bn.

Should Shein switch to London, it would be a rare win for the city, which has struggled to attract major listings.

This month US senator Marco Rubio wrote an open letter to SEC chair Gary Gensler urging the regulator to demand “enhanced disclosures” from the company to approve the IPO.


More Pictures

 If the US IPO of Shein is blocked due to its ties to China, the company is considering listing in London. - Financial Times (Picture 1)

or

Article Details

Author / Journalist: Eleanor Olcott

Category: MarketsFinanceInvesting

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-02-27 @ 13:33:23 (2 months ago)

News Timezone: GMT -5:00

News Source URL: ft.com

Language: English

Article Length: 569 words

Reading Time: 4 minutes read

Sentences: 23 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Financial Times

News ID: 20243083

View Article Analysis

About Financial Times

Financial Times Logo

Main Topics: MarketsFinanceInvesting

Official Website: ft.com

Update Frequency: 7 posts per day

Year Established: 1888

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #3

Publisher Details

Frequently Asked Questions

How long will it take to read this news story?

The story " If the US IPO of Shein is blocked due to its ties to China, the company is considering listing in London." has 569 words across 23 sentences, which will take approximately 3 - 5 minutes for the average person to read.

Which news outlet covered this story?

The story " If the US IPO of Shein is blocked due to its ties to China, the company is considering listing in London." was covered 2 months ago by Financial Times, a news publisher based in United States.

How trustworthy is 'Financial Times' news outlet?

Financial Times is a fully independent (privately-owned) news outlet established in 1888 that covers mostly markets, finance, and investing news.

The outlet is headquartered in United States and publishes an average of 7 news stories per day.

It's most recent story was published 9 hours ago.

What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.
  • News ID: #20243083
  • URL: https://beamstart.com/news/shein-considers-london-listing-if-17090425494939

BEAMSTART

BEAMSTART is a global entrepreneurship community, serving as a catalyst for innovation and collaboration. With a mission to empower entrepreneurs, we offer exclusive deals with savings totaling over $1,000,000, curated news, events, and a vast investor database. Through our portal, we aim to foster a supportive ecosystem where like-minded individuals can connect and create opportunities for growth and success.

© Copyright 2024 BEAMSTART. All Rights Reserved.