Shein founder Sky Xu faces increased scrutiny as the fast-fashion giant targets a $40-50 billion Hong Kong IPO, down sharply from its $66 billion

The retailer won approval from China for its Hong Kong listing on July 10, clearing the way for a listing after failed attempts in New York and London.

The retailer won approval from the China Securities Regulatory Commission for its Hong Kong listing on July 10, clearing the way for a listing after failed attempts in New…

Draft prospectus notes Q1 loss, EU tariff hit ahead of high-profile Hong Kong debut