Shein turns to Hong Kong for flotation as London attempt stalls, reports say

Shein is weighing moving its planned IPO from London to Hong Kong due to regulatory delays in China, facing challenges like anti-dumping laws and competition from Europe. Analyst Kathleen Brooks suggests this move could be beneficial amid tensions with the U.S. and EU. Additionally, Shein has faced criticism over Xinjiang cotton use and forced recruitment practices after British officials questioned its supply chain.