In today’s briefing:
- SHEIN IPO Update: HQ Shifted (Back) To China | End of US De Minimis Exemption, Everywhere
- ECM Weekly (1 September 2025)- Nissan, Metaplanet, Indigo, Laopu, Akeso, Mixue, Aux, Orion, Chery

SHEIN IPO Update: HQ Shifted (Back) To China | End of US De Minimis Exemption, Everywhere
- SHEIN is reportedly moving its corporate HQ to China to pave way for HK IPO
- US ‘de minimis’ exemption for all countries ended Aug 29 (China/HK was May 2)
- We believe end of US ‘de minimis’ exemption changed the game for SHEIN
ECM Weekly (1 September 2025)- Nissan, Metaplanet, Indigo, Laopu, Akeso, Mixue, Aux, Orion, Chery
- Aequitas Research’s weekly update on the IPOs, placements, lockup expiry and other ECM linked events that were covered by the team over the past week.
- On the IPO front, a number of company’s appear to be lining up to launch their IPOs in the coming month.
- On the placements front, there were a number of large deals across the region.
