A Nike store in Shanghai. Yue Yuen, which supplies to the US brand among others, said it planned to deliver part of its HK$6.7 billion windfall in a special dividend to shareholders, prompting investors to chase the stock. Photo: AFP

Reports of HK$6.7 billion windfall push shares of Nike supplier Yue Yuen to historical high

Company’s stock rises by 20 per cent to HK$38.4 before closing at HK$38.15

Topic |   China economy

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A Nike store in Shanghai. Yue Yuen, which supplies to the US brand among others, said it planned to deliver part of its HK$6.7 billion windfall in a special dividend to shareholders, prompting investors to chase the stock. Photo: AFP
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