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[itbear] the listing plan of cross-border e-commerce giant shein has once again attracted market attention recently. the company is steadily advancing its listing process in london, and its management team is expected to meet with potential investors in the united states next week, according to the wall street journal, citing internal sources.

previously, shein had considered conducting a large-scale listing in new york, but failed due to various reasons and has now shifted its target to the london market. the company's founder and ceo xu yangtian, and chief financial officer gui lei, had an informal exchange with global investors in the uk on monday, in-depth discussion of shein's future development, challenges and investors' expectations for the first time. interest in public offerings.

currently, shein is awaiting listing approval from uk financial regulators and is also seeking acquiescence from china’s securities regulators. however, according to people familiar with the matter, shein is unlikely to complete all the procedures for listing within this year.

it is worth noting that shein secretly submitted a listing application in june this year, aiming to be listed on the london stock exchange. subsequently, in order to comply with relevant chinese regulations, the company also submitted the necessary documents to the china securities regulatory commission.

source: http://www.itbear.com.cn/html/2024-10/529884.html