Chinese gymnastics champion Li Ning considers taking company private

Business and Finance

Reuters exclusive report Chinese billionaire entrepreneur and Olympic champion Li Ning is considering taking his eponymous 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 companies have been involved in $4 billion Going-private deal value so far 2024 US$1.2 billion for all last year, Dealogic data shows. Buyers often cite an undervalued stock price as a reason for trading.A

Article tags

Topics of interest: Business and Finance

type: Reuters Best

department: Retail and consumer goods

area: Asia

nation: China

Winning type: exclusivity

Story type: exclusive/exclusive report

media type: text

Customer Impact: important national stories

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By Ali Raza

I am a dedicated and skilled News Content Writer with a passion for delivering accurate and engaging stories to a diverse audience. With a solid background in journalism and a keen eye for detail, I bring a commitment to excellence and a deep understanding of the evolving media landscape.

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