Is the transfer of the IPO to Hong Kong to exert pressure on the UK regulator? SHEIN responds: The news is not true, it is malicious speculation.

Today, there are rumors that Shein's Hong Kong IPO is to put pressure on British regulators. Shein responded that the news is not true and is malicious speculation. Recently, it was reported that Shein plans to submit a draft prospectus for listing in Hong Kong. In the first half of this year, the Hong Kong stock market has shown strong performance, becoming one of the indices with the largest increase among major global markets, and also the capital market with the largest financing amount in 2025. If Shein successfully goes public in Hong Kong, it will help Hong Kong rebuild its reputation as a global financing center during a period of major upheaval caused by changes in US trade policy.