Shein seeks China’s permission for US listing

Complicated deal: People at the Shein pop-up shop in Times Square’s Forever 21 in New York City. In a sign of the likely fraught nature of the application process, the SEC has yet to respond to Shein’s IPO filing. — Reuters

HONG KONG: Shein is seeking Beijing’s nod to go public in the United States, highlighting the limits of the fashion company’s efforts to present itself as global rather than a Chinese company, according to sources.

The move could further complicate Shein’s listing plans, which have run into political opposition in the United States.