Undated Handout picture of Belle International Holdings. Photo: Handout

Chinese shoe seller Belle plans to spin off its Topsports athletic wear retail unit through an initial public offering in Hong Kong

  • Topsports operates more than 8,000 retail stores throughout China, with 16 per cent of the country’s market share for sportswear sales last year
  • A listing by Topsports could raise up to US$1 billion in Hong Kong, according to a Reuters report
Topic |   IPO

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Undated Handout picture of Belle International Holdings. Photo: Handout
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