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The Economic Times

Top News / The Economic Times

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Behind Sheins empire is founder Sky Xu who prefers the shadows

Shein's founder, Sky Xu, appeared briefly at the Hong Kong stock exchange debut. He maintained a reclusive persona, unlike other company leaders. This low profile reflects a broader trend among Chinese businessmen today. Shein's valuation has significantly decreased from its previous peak. The company faced past rejections for overseas stock exchange listings.

1 Sep 2026 1:21 pm