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Fashion e-commerce powerhouse Shein is reportedly contemplating a return of its headquarters to China, aiming to pave the way for an initial public offering (IPO) in Hong Kong, according to industry insiders. Currently registered in Singapore, Shein has engaged legal advisors to explore the feasibility of establishing a parent company on the Chinese mainland. The insiders, who requested anonymity due to the confidential nature of the information, indicated that these discussions are still in their nascent stages, and the company's actual implementation of the plan remains uncertain. Shein has declined to offer any comment on the matter. While Shein has traditionally maintained a low profile regarding its IPO plans, its executive chairman, Donald Tang, reiterated in March that the company remains steadfast in its pursuit of going public.
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