Chancellor in talks with fast-fashion company as it believes it unlikely that SEC will approve US flotation
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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.
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