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Li Ning's Profits Up 68.3% In The First Half Of 2008

According to LiNing's half year report, the company's business developed rapidly in the first six months of 2008 and its net profits increased by 68.3% to CNY333.7 million. Chen Weicheng, CFO and...

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Hembly To Sell Stake In Apparel Company In Mainland China

Hembly International Holdings plans to sell its 83.33% stake in a distribution and retail company on the Chinese mainland for CNY100 million, regardless of a loss of CNY50 million resulting from this...

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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...

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