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Shein may return to China after London float stalls
The Guardian
|August 20, 2025
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.
However, Chinese authorities have not approved a UK listing and the group has faced questions about conditions in its supply chain from campaigners, MPs and investors.
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