Li Ning Co. announced Jan. 19 that it would sell 750 million yuan of convertible bonds to TPG Capital and Singapore’s sovereign fund to raise money for more stores and product development. Photographer: Keith Bedford/Bloomberg
Li Ning Co. announced Jan. 19 that it would sell 750 million yuan of convertible bonds to TPG Capital and Singapore’s sovereign fund to raise money for more stores and product development. Photographer: Keith Bedford/Bloomberg