Shein wins Chinese approval for Hong Kong IPO 10-Jul 19:30

China ​approved fast-fashion retailer Shein's ‌long-awaited Hong Kong IPO on Friday, a notice ​posted on the ​China Securities Regulatory Commission (CSRC) website ⁠showed, clearing the ​way for a listing that ​failed in New York and London.

The online retailer has ​waited a year for ​the green light from Beijing for ‌its ⁠IPO, which had to be cleared by the highest levels of the ​ruling ​Chinese ⁠Communist Party, a source with direct ​knowledge of the matter ​said.