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The Guardian - UK
The Guardian - UK
Business
Julia Kollewe

UK’s Jeremy Hunt met Shein boss in attempt to lure firm’s IPO to London

A model walks the runway at a Shein fashion show and pop-up shop in Ibiza
A model walks the runway at a Shein fashion show and pop-up shop in Ibiza Photograph: Xavi Torrent/Getty Images for SHEIN

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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