A Shein logo
Credit: Reuters Photo
Fast-fashion group Shein's plans to list in the UK stock market are likely to be pushed to the second half of this year after Donald Trump's move to close so-called "de minimis" rules, the Financial Times reported on Friday.
The company's business prospects have come under a cloud in recent days after the Trump administration said it would close the de minimis duty exemption in the United States, ending an import rule that had helped Shein keep prices low.
Shein previously told investors that a London listing could happen as soon as this Easter, FT said.
Shein did not immediately respond to a Reuters' request for comment.
Last week, Reuters reported that Shein was set to cut its valuation in a potential listing to around $50 billion.