London Stock Exchange Group CEO David Schwimmer has denied claims that the London Stock Exchange relaxed its standards to secure a potential 50 billion British pounds ($63.7 billion) IPO from Chinese fast fashion giant Shein. Headquartered in Singapore, Shein has faced criticism over its supply chain transparency and allegations of forced labor involving Uyghurs in China, leading to derailed plans for a New York listing due to US concerns and legal challenges. Despite no formal opposition in the UK, Shein has reportedly submitted paperwork for a London IPO and gained support from the Labour party. Schwimmer emphasized that LSEG maintains strict listing standards, highlighting an optimistic outlook for future UK listings due to market reforms and a stable political environment.