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The Rockets Boss Became A Strategic Investor In Chinese Shoe Companies.

2008/10/30 0:00:00 10266

Investment

According to the American overseas Chinese newspaper, Alexander, the Rockets boss, has become a strategic investor of Anta, one of China's biggest shoemaking enterprises.

Anta allowed Alexander to join the stock market and saw the star of Yao Ming, the most popular player in her team, as well as the high exposure factor of CCTV.

According to the news, Anta is expected to be listed on the Hongkong Stock Exchange on 10 February. The company plans to issue 600 million shares with a price of HK $4.28 to HK $5.28, while Alexander's total investment in the open bid is HK $234 million 500 thousand.

The sale period of Alexander's shares is about one year.

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