Viva Goods (HKG:0933) unit Viva China Development acquired an additional 17.3 million shares in Chinese sportswear giant Li Ning (HKG:2331) from the open market for HK$228.2 million.
The shares represent around 0.67% of Li Ning's total issued shares, according to a Wednesday Hong Kong bourse filing.
Following completion, Viva China Development holds 454.4 million, or 17.58%, shares in Li Ning.
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