Li Ning, the founder and chairman of Li Ning Co, appears to be reducing his involvement in the mainland sportswear retailer. Photo: AFP

Li Ning to cut stake in sportswear firm

The former Olympic gymnast and his brother plan to sell a 25.2 per cent interest to Viva China, fuelling talk he is giving up control of the retailer

TOP PICKS

Li Ning, the founder and chairman of Li Ning Co, appears to be reducing his involvement in the mainland sportswear retailer. Photo: AFP
READ FULL ARTICLE