Shein considers moving HQ to China ahead of Hong Kong IPO

It has consulted lawyers about setting up a parent company in mainland China.

Fast-fashion retailer Shein Group is reportedly considering relocating its headquarters back to China to gain Beijing’s approval for its planned Hong Kong IPO, Bloomberg News via Reuters reported, citing sources.

The Singapore-based company has consulted lawyers about setting up a parent company in mainland China.

The report said discussions are preliminary, and no decision has been made.

Founded in China, Shein has previously sought listings in New York and London but faced political scrutiny abroad and regulatory hurdles at home. The company is now targeting a Hong Kong listing.

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