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HomeWorldChina's champion gymnast Li Ning considers taking company private | Reuters News...

China’s champion gymnast Li Ning considers taking company private | Reuters News Agency


Business & Finance

Reuters exclusively reported that Chinese billionaire entrepreneur and Olympic champion Li Ning is considering taking his namesake sportswear company private from the Hong Kong stock exchange, adding to a string of such potential deals in a faltering market.

Market Impact

Hong Kong-listed firms have been involved in $4 billion worth of take-private deals so far in 2024, versus $1.2 billion for all of last year, Dealogic data showed. Buyers often cited undervalued shares as a reason for the deals. 

Article Tags

Topics of Interest: Business & Finance

Type: Reuters Best

Sectors: Retail & Consumer Goods

Regions: Asia

Countries: China

Win Types: Exclusivity

Story Types: Exclusive / Scoop

Media Types: Text

Customer Impact: Significant National Story



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