Belle International Holdings, which runs some 3,700 shoe stores in...

2007-05-22T00:00:00

Belle International Holdings, which runs some 3,700 shoe stores in China including more than 1,000 under various sports brands, raised US$1.1 billion on the Hong Kong stock exchange through an initial public offering that valued the company at about US$6.5 billion, or 32-35 times is expected 2007 earnings. Institutional investors ...

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