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Are blockbuster listings by Chinese firms in New York destined for extinction?
It certainly looks that way lately, based on the latest developments in the IPO by fast fashion sensation Shein, whose multibillion-dollar listing is quickly becoming a pariah on major global stock markets. The company made confidential filings for a U.S. IPO late last year, only to abandon the plan over a combination of geopolitical and legal issues we’ll describe shortly.
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