Chancellor in talks with fast-fashion company as it believes it unlikely that SEC will approve US flotation
Business live – latest updates
Jeremy Hunt has met the boss of Shein in an attempt to persuade the fast fashion retailer to float on the London stock market, as it emerged the company has run into potential problems with a listing in the US.
The UK chancellor met Donald Tang, the Shein executive chair, this month to discuss a potential initial public offering (IPO) in London, and the discussions were “productive”, Sky News reported.
About Author
More Stories
TikTok breached EU advertising transparency laws, commission says
Microsoft employee interrupts CEO’s keynote with pro-Palestinian protest
Sing when you’re winning: how karaoke in cars heralds the triumph of Chinese firms