Shein founder praises Guangdong ‘roots’ in first public speech as offshore listing stalls

Source: Tech – South China Morning PostXu Yangtian, the low profile founder and chairman of online retail giant Shein, which sought to distance itself from China by moving its headquarters to Singapore, made his first-ever public appearance on Tuesday, praising southern Guangdong province’s role in the company’s global success.
Dressed in a black suit and burgundy tie, Xu, also known as Sky Xu or Chris Xu, pledged to “continue to take root in Guangdong” by investing over 10 billion yuan (US$1.4 billion) to build a “smart supply chain…Read More

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