All Li Ning articles
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Li Ning excluded from Norway’s sovereign fund
The Chinese sportswear company Li Ning has been excluded from Norway’s sovereign fund, Norwegian Government Pension Fund Global, because of possible links to alleged human rights abuses in the Chinese province of Xinjiang, said the Norwegian central bank, Norges Bank, which manages the fund. The fund’s Council on Ethics recommended ...
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Li Ning’s SPAC files for a $250 million IPO
Trinity Acquisition has filed with the U.S. Securities and Exchange Commission ( SEC ) to raise up to $250 million in an initial public offering (IPO) of 25 million units at $10. The special purpose acquisition company (SPAC), based in Hong Kong, is led by Li Ning , the ...
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Li Ning’s unit Viva China may take over Clarks for £51m
Chinese Olympic gold-medallist-turned-businessman Li Ning is about to take control of the British shoe maker Clarks less than a month after the iconic brand sold a majority stake to the Hong Kong-based private equity firm LionRock Capital . Li is the non-executive chairman of LionRock. Li, a ...