China's Shein denies U.S. IPO rumors

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China's Shein denies U.S. IPO rumors
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Chinese fast fashion giant Shein denies a Reuters report that said it has filed for an initial public offering in the U.S.

Shein on Friday denied a Reuters report saying that it has registered with regulators for an initial public offering in New York."Shein denies these rumors," a Shein spokesperson told CNBC. Two people hold two Shein bags after entering SHEIN's first physical store in Madrid, Spain, June 2, 2022.

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