Rubio Presses SEC on Shein IPO Amid China Risks
In a recent development that has caught the attention of top lawmakers and investors, Republican Senator Marco Rubio has called on the U.S. Securities and Exchange Commission (SEC) to take decisive action against Chinese online retailer Shein’s attempt to go public on New York stock exchanges. The move underscores growing concerns over the transparency and operational risks associated with companies based in or heavily tied to China, amidst escalating tensions between Beijing and Washington.
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