Topsports raises $1 billion in Hong Kong IPO

2019-10-18T00:00:00

Topsports International Holdings, the sports retailing arm of Belle International, raised $1.01 billion in an initial public offering on the Hong Kong stock exchange. With more than 8,000 stores, the company claims to be the largest sporting goods retailer in China, with an estimated 15.9 percent share of the market. ...

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