Fast-fashion retailer Shein is reportedly considering relocating its headquarters from Singapore back to China to facilitate its planned initial public offering (IPO) in Hong Kong. The move aims to secure Beijing's approval for the IPO after previous unsuccessful attempts to list in New York and London. This strategic relocation is seen as a last-ditch effort to advance Shein's public listing ambitions amid regulatory challenges. The company initially moved its base to Singapore in 2022 but is now weighing a return to China to ease the path for its Hong Kong IPO. Analysts view this pivot as a critical step in Shein's efforts to navigate complex market and regulatory conditions for its listing.