Senator Rubio urges SEC to block Shein IPO unless China operating risk disclosed

Senator Rubio urges SEC to block Shein IPO unless China operating risk disclosed

FILE PHOTO: People shop at the Shein Holiday pop-up shop inside of Times Square's Forever 21 in New York City, U.S., November 10, 2023.REUTERS/David 'Dee' Delgado/File Photo

Republican Senator Marco Rubio asked the U.S. Securities and Exchange Commission to block Shein’s bid to list publicly in New York unless the e-tailer makes additional disclosures about its business operations and “the serious risks of doing business” in China.