Li Ning shares jumps after Olympic opening ceremony!

Li Ning shares jumps after Olympic opening ceremony!
Aug 12, 2008 03:44
FRANKENSTEIN Points: Join Date: Nov 29, 2004 Status: offline	Li Ning, one of China's most famous athletes, once got 3 gold medals, 2 silver medals and 1 bronze medal at the 1984 Los Angeles games. As an athelete, he was very successful. Aftering doing business, he has also become very successful too. In 1990s, Li Ning sportswear company had almost dominated Chinese sportwear market. However, it has gradually replaced by Nike and Adidas in recent years. Now Beijing Olympic Games has helped Li Ning and his company a lot. At the opening ceremony, Li Ning, the last torch bearer, lit up the Olympic torch by running a circle around the rim of the Bird Nest. On Monday, Li Ning shares climbed by 5 percent to to HK$18.5, the hightest level. Finally, it closed at 18.24 HK dollars, which increased 3.52 percent. Some analysts analyse that Li Ning's stunning performance at the opening ceremony of Beijing Olympics has made Li Ning sportswear company known to the world. So many investors began to buy Li Ning shares. This has boosted Li Ning shares. According to the news, Li Ning shares already increased 3.7 percent last Friday. By the way, Li Ning sports wear company is the solo sports wear supplier of China, Spain and Sweden' s delegations at Beijing Olympics.

Aug 12, 2008 03:44

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Li Ning, one of China's most famous athletes, once got 3 gold medals, 2 silver medals and 1 bronze medal at the 1984 Los Angeles games. As an athelete, he was very successful. Aftering doing business, he has also become very successful too. In 1990s, Li Ning sportswear company had almost dominated Chinese sportwear market. However, it has gradually replaced by Nike and Adidas in recent years.

Now Beijing Olympic Games has helped Li Ning and his company a lot. At the opening ceremony, Li Ning, the last torch bearer, lit up the Olympic torch by running a circle around the rim of the Bird Nest. On Monday, Li Ning shares climbed by 5 percent to to HK$18.5, the hightest level. Finally, it closed at 18.24 HK dollars, which increased 3.52 percent.

Some analysts analyse that Li Ning's stunning performance at the opening ceremony of Beijing Olympics has made Li Ning sportswear company known to the world. So many investors began to buy Li Ning shares. This has boosted Li Ning shares. According to the news, Li Ning shares already increased 3.7 percent last Friday.

By the way, Li Ning sports wear company is the solo sports wear supplier of China, Spain and Sweden' s delegations at Beijing Olympics.

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