Shein scheduled for Hong Kong IPO hearing on Thursday

Fast-fashion retailer Shein is scheduled for a Hong Kong initial public offering hearing with the city’s stock exchange on Thursday, two sources with knowledge of the ‌matter ⁠said, a ⁠step which will bring it closer to its much-awaited market debut. The fast-growing ecommerce company on Friday received Chinese securities regulator’s nod to go ahead with its Hong Kong IPO plan, which marks the removal of a major hurdle in its long journey ⁠of going ‌public.

The sources could not be named as the information was confidential.