Gen Z retailer SHEIN eyes 2022 U.S. IPO, in what may be the first big Chinese firm to list in the U.S. since last summer

Cordell Eminent Scholar Jay Ritter says SHEIN’s position as an online-only retailer could hamper any IPO plans it might have.

“There is a good chance that a U.S. IPO will never happen for the company,” he said, given its digital business mode, which subjects it to tighter scrutiny from Chinese authorities. It may have been able to dodge some regulatory scrutiny if the bulk of its business wasn’t online, Ritter notes. 

Read more of Ritter’s insights in this story from Fortune.