Is Shunned Shein The Future For Blockbuster China IPOs?
Portfolio Pulse from The Bamboo Works
Shein's plans for a New York IPO have collapsed due to geopolitical and legal issues, and its London IPO faces similar pressures. The company is now considering a Hong Kong listing. This reflects the increasing difficulty for Chinese firms to list in Western markets due to political and regulatory challenges. Despite this, some Chinese companies, like Zeekr, have successfully listed in New York.
July 01, 2024 | 4:21 pm
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Zeekr successfully listed in New York despite U.S.-China tensions, raising $440 million. The company's limited data pool and high-tech nature helped it navigate regulatory challenges.
Zeekr's successful IPO in New York amidst U.S.-China tensions shows that high-tech Chinese companies with limited data concerns can still navigate regulatory challenges and achieve significant fundraising.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 50
NEUTRAL IMPACT
Alibaba's record-breaking $25 billion New York IPO in 2014 contrasts with the current challenges faced by Chinese firms like Shein. The changing geopolitical climate makes such large listings less likely.
Alibaba's past success in New York highlights the shift in the geopolitical climate, making it more difficult for Chinese firms to achieve similar large-scale listings today.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 30