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Shein Reveals FTC Investigation of U.S. Business in Hong Kong IPO Filing

2026-07-28 15:52:35

According to CNBC, Shein disclosed in its Hong Kong IPO filing that its U.S. business is under investigation by the Federal Trade Commission. The company did not specify the scope of the probe in the disclosure. Shein said it is actively cooperating with the FTC and that the investigation outcome, whether a settlement or otherwise, could require significant monetary payments with a material adverse effect on its financial condition and operations. The company added it cannot predict the probable outcome or timing of the investigation.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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