China’s champion gymnast Li Ning considers taking firm personal
Enterprise & Finance
12 March 2024, 11:11 am 1 minute
Reuters solely reported that Chinese language billionaire entrepreneur and Olympic champion Li Ning is contemplating taking his namesake sportswear firm personal from the Hong Kong inventory alternate, including to a string of such potential offers in a faltering market.
Market Affect
Hong Kong-listed corporations have been concerned in $4 billion price of take-private offers thus far in 2024, versus $1.2 billion for all of final 12 months, Dealogic information confirmed. Patrons usually cited undervalued shares as a cause for the offers.
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