Shein confidentially filed papers with Britain's markets regulator in June, two sources told Reuters on Monday, kicking off the process for a potential London listing later this year. "Rewarding Shein's current methods via a flotation would be a badge of shame for the London Stock Exchange," Dominique Muller, an Amnesty International researcher specialising in the garment industry, said in a press release.
The company tried to go public in the U.S., but rising tensions with China derailed the potential listing.
The London Stock Exchange Group and S&P Global are among potential bidders for data provider Preqin, four people with knowledge of the situation said. The owners of the UK data firm that focuses on the private equity industry are considering options including a full sale of the business, and are being advised by Goldman Sachs, three of the people said. S&P already has a strategic partnership with Preqin to share data on their respective platforms.