‘China’s LVMH’ Shandong Ruyi resists Lycra sale in favour of IPO amid debt crisis: sources

, , Comments Off on ‘China’s LVMH’ Shandong Ruyi resists Lycra sale in favour of IPO amid debt crisis: sources

One of the sources said Ruyi believed Lycra would be better valued via an IPO, rather than a trade sale. Last year Ruyi had suggested it could list the company on China’s new tech-focused STAR …
( read original story …)