Sources: Shein pivoted to a Hong Kong IPO and sought to build Chinese government ties, after its New York and London bids failed to secure Beijing's approval (Reuters)

Why It Matters

Reuters : Sources: Shein pivoted to a Hong Kong IPO and sought to build Chinese government ties, after its New York and London bids failed to secure Beijing's approval   —  When Shein makes its market debut on Tuesday, it will be in Hong Kong and not New York or London like it once dreamed …

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