Shares of Li Ning's sportswear company soared Monday after the Chinese star athlete drew world attention as the final torchbearer in the Beijing Olympics.
Hong Kong-listed Li Ning Co., China's largest footwear and apparel company, saw its stock climb 5 percent to HK$18.5 in morning trade.
The 44-year-old former gymnast mesmerized Olympic viewers Friday when he ran a victory lap around Beijing's National Stadium's upper rim while suspended by cables before lighting the Olympic cauldron.
Li Ning's company dominated China's sportswear market for much of the 1990s, though it's been displaced by Nike and Adidas in recent years. The company is now focused on recapturing market share at home while trying to go global.
Li Ning became one of China's most famous athletes after taking three gold medals, two silvers and a bronze at the 1984 Los Angeles games.
China down garment manufacturer ,China down bedding set manufacturer,China sleeping bag manufacturer, Hang Zhou Zhegang Garment Co., Ltd is located in the east of the international capital of eider down--Xiao Shan city, Hang Zhou, China. The company is only 15 minutes from the well-known West Lake and 10 minutes from Xiao Shan international airport. It takes two hours from Shanghai seaport and NingBo seaport.
As a joint venture, Hang Zhou Zhegang Garment Co.,Ltd. is a leading manufacturer and exporter of Down Jackets, Down Comforter Sets, Sleeping Bags, Wadded Clothes and Other Winter Clothes. The range of our product line and good quality as well as competitive price have made us one of the fastest growing companies of its kind in China. Our main markets are Southeast Asia, Europe and America. Since its foundation in 1992, we have expanded our market year by year to more than 50 countries in the world. These garments are of very good quality, are very popular with customers, and sell well. Our total production averages 1,000 000 sets per year, 85% for export and 15% for domestic market. We are also good at garment OEM and ODM.
We sincerely welcome you to cooperate with us.