Shein's Hong Kong IPO filing sidesteps Xinjiang cotton controversy | KLSE Screener

Our website is made possible by displaying non-intrusive online advertisements to our visitors. Please consider supporting us by disabling or pausing your ad blocker. Shein's Hong Kong IPO filing sidesteps Xinjiang cotton controversy TheStar Mon, Jul 27, 2026 11:03am - 5 hours View Original FILE PHOTO: The logo of Hong Kong Exchanges & Clearing (HKEX) is pictured in its office, in Hong Kong, China, June 10, 2025. REUTERS/Tyrone Siu/File Photo SHEIN's Hong Kong IPO filing published on Sunday made no specific mention of risks linked to allegations that its clothes contain cotton from the Xinjiang region, where the U.S. and human rights groups say government-sponsored forced labour programmes target Uyghur minorities. Beijing denies any abuses, and Shein has consistently maintained there is no forced labour in its supply chain. Online fast-fashion retailer Shein shifted to seeking an IPO in Hong Kong after its supply chain risk disclosure became a major sticking point in its attempts to IPO in New York and London, according to a source with direct knowledge, as China's regulator could not accept a filing that mentioned Uyghur forced labour as a risk. Those filings included a statement about compliance with the Uyghur Forced Labor Prevention Act, a U.S. law aimed at preventing imports of goods produced by forced labour. In London, the Financial Conduct Authority gave its green light to the filing, but the China Securities Regulatory Commission withheld its approval, effectively blocking the listing, and Shein eventually shifted to a Hong Kong listing instead. ... Full Article on TheStar Translate View Original Article Share The content is a snapshot from Publisher. Refer to the original content for accurate info. Contact us for any changes. Comments Login to comment. × Modal Header Some text in the modal. Close