September 17, 2024

Shein’s Path to a U.S. IPO Looks Blocked. What That Means for Other China-Founded Companies

Barron's

By Sabrina Escobar

Shein’s Path to a U.S. IPO Looks Blocked. What That Means for Other China-Founded Companies

Kutipan

Drew Bernstein, co-founder and co-chair, MarcumAsia, was interviewed by Barron’s regarding Shein’s onerous IPO journey. The SEC can keep a company in regulatory limbo for months by requiring more detailed disclosures, he said. That ties up the regulatory process and can make a listing seem unfeasibleIt’s possible that happened with Shein, he added.

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