Lining To Sell 10% Double Happiness Shares For CNY125 Million
Chinese sporting goods group Lining will sell a 10% stake in Double Happiness to its major shareholder Viva China Sports for about CNY125 million.
Double Happiness
China's Li Ning Revenue Up 53.8% In 2008
Chinese sports products giant Li Ning has published its financial report for 2008, which states that due to the 2008 Beijing Olympic Games, the company made total revenues of CNY6.69 billion in 2008, a year-on-year…