Li Ning in major revamp, includes new CEO

Updated: 2012-07-06 07:14

By Spohie He(HK Edition)

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 Li Ning in major revamp, includes new CEO

Li Ning, founder and chairman of Li Ning Co, speaks during a news conference in Hong Kong on July 5. Li Ning Co surged in Hong Kong trading on Thursday after its chief executive officer stepped down and private-equity firm TPG Capital said it could boost investment in the sportswear retailer if needed. Jerome Favre / Bloomberg

Li Ning in major revamp, includes new CEO

Li Ning in major revamp, includes new CEO

Li Ning in major revamp, includes new CEO

sophiehe@chinadailyhk.com

(HK Edition 07/06/2012 page2)