Li Ning Company (HK:2331) has released an update.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Li Ning Company Limited has announced the formation of a joint venture in the British Virgin Islands to exclusively develop and operate its brand business. The joint venture, which involves partners such as Founder Co and HongShan Venture, aims to handle a wide range of operations including design, manufacturing, and marketing of Li Ning branded products. This strategic move is expected to enhance the company’s market presence and streamline its brand operations.
For further insights into HK:2331 stock, check out TipRanks’ Stock Analysis page.