On the front tonightFormer CSRC Vice Chairman Fang Xinghai Under Probe
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Shein Faces Costs Ahead of Hong Kong IPO
Shein disclosed strong 2025 revenue of $41.8 billion but a 38.7% drop in net profit to $2.064 billion, with a Q1 loss of $99 million tied to fair-value adjustments and pressures from the US de minimis duty exemption removal. The company has CSRC approval for a Hong Kong listing, with an anticipated late-August/early-September IPO aimed at funding IT and AI initiatives amid ongoing growth and competitive pressures.
Business · 53 sources · Jul 27, 2026Read it
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About China Securities Regulatory Commission
The China Securities Regulatory Commission (CSRC) is a government agency directly under the State Council of China. It is the main regulator of the securities industry in China.
Everything about China Securities Regulatory Commission →- Country
- People's Republic of China
- Headquarters
- Beijing
- Inception
- 1992
- Website
- http://www.csrc.gov.cn/