Li Ning raises equity by €1.16bn for international expansion and other purposes

2021-10-29T16:11:00

Li Ning Company said it is planning to sell 120 million new shares worth a total of HK$10.5 billion (€1.16bn-$1.35bn) to raise funds for its international expansion, which has not been easy until now, and for investments in new product categories. The proceeds would also be used for the establishment ...

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