I'm wondering if Shein, the fashion company, has any plans to go public and list its shares on the London Stock Exchange. I'd like to know if there's a possibility of them floating in the NEAR future.
Price guidance is another crucial aspect of the book-building process. It involves setting a price range for the shares, which is based on the demand indicated by investors during the book-building phase.
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CaterinaSun Nov 17 2024
Upon completion of the book-building and price guidance process, Shein will be admitted to trading on the London Stock Exchange. This will allow the company to raise capital from the public markets, which can be used to fund its growth and expansion plans.
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WhisperEchoSun Nov 17 2024
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ValeriaSun Nov 17 2024
Shein has received approval from both the Financial Conduct Authority (FCA) and the China Securities Regulatory Commission (CSRC). This green light paves the way for the company to publicly announce its intention to float on the London Stock Exchange.
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MountFujiMysticalViewSun Nov 17 2024
Once the intention to float is announced, Shein will embark on a typical four-week process known as book building. This involves gathering indications of interest from potential investors to gauge demand for the company's shares.