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Market Chatter: Shein Gets Hong Kong Listing Committee Approval for IPO

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The Hong Kong Stock Exchange listing committee approved Shein's planned initial public offering in the city, Reuters reported Friday, citing three people with knowledge of the matter.

The listing hearing was scheduled Thursday, with Shein answering questions about operations and finances, according to Reuters.

Shein initially filed for IPOs in London and New York but the processes stalled, the report said.

Both Shein and the Hong Kong Exchanges and Clearing (HKG:0388) did not respond to requests for comment from.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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