US stock markets might be flying, but the IPO market remains frozen, said The Economist: "for two long years, private companies have spurned public markets".
A big hope for Wall Street bankers is Shein, the outsized fast-fashion giant that confidentially filed to go public in the US in November – and even teased London about a possible listing. Shein is a financial prize worth having, said the FT.
'One of the biggest IPOs of 2024'
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