China clears Shein Hong Kong float

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Shein has finally secured Chinese regulatory approval for a long‑planned Hong Kong initial public offering, in a move that intensifies scrutiny of fast‑fashion business models. 

Shein online shop displayed on mobile device
The CSRC decision follows Shein’s failed attempts to list in both the US and UK amid mounting concerns over its supply chain.

SINGAPORE – Fast fashion giant Shein has reportedly won long‑awaited approval from China’s securities regulator to list its shares in Hong Kong, bringing a multibillion‑dollar initial public offering closer after years of delays and political resistance in New York and London.

Meanwhile in Europe, Shein is already under formal investigation under the EU’s Digital Services Act over the sale of illegal products and the design of its platform, after childlike sex dolls were found on its French site.

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