Shein's Hong Kong IPO valued the fast-fashion giant at US$27bn after failed US and UK listings, reflecting years of ESG, governance and regulatory scrutiny.

As a potential new wave of high-profile US IPOs nears, proposed legislation seeks greater transparency around shareholder voting at dual-class share companies and who really determines the outcome of key votes.

The Council of Institutional Investors has urged the SEC to reject a Texas Stock Exchange voting rule, warning it could weaken the one-share, one-vote principle and distort shareholder voting outcomes.

Wise sought greater freedom over its DCSS, but its Nasdaq move has also exposed it to America's more aggressive shareholder litigation regime.

Anthropic's anticipated IPO could become a defining governance test, forcing investors to weigh AI's extraordinary growth prospects against accountability concerns.