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The Guardian - UK

Business

Sarah Butler

Shein looks at moving back to China for Hong Kong listing after London IPO stalls

Shein China London Hong Kong United Kingdom

Shein moved its headquarters to Singapore in 2022. Photograph: Arnaud Finistre/AFP/Getty

The online fashion retailer Shein is understood to be considering moving its base back to China from Singapore to pave the way for a Hong Kong listing.

The business, which was founded in China and moved its headquarters to Singapore in 2022, had been considering a £50bn float in London after failing to win approval from regulators in the US for a New York flotation.

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