Shein to lose out on FTSE 100 spot as concerns around IPO swirl

Shein website on phone

Fast-fashion giant Shein is set to miss out on a spot in the UK’s FTSE 100 index, which lists the UK’s top firms by market value, according to reports.

City sources said the number of shares sold is expected to “fall short of the minimum required to qualify for inclusion”.

 

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