VIVA GOODS Expands Stake with Additional 18.53 Million Li Ning Shares

Stock News
Sep 04

VIVA GOODS (00933) has announced that its wholly-owned subsidiary, Viva China Development Limited, made further market purchases of a combined 18.53 million shares in LI NING (02331) on September 3-4, 2026, through the Stock Exchange.

The total consideration for this latest acquisition was approximately HK$247 million, translating to an average price of about HK$13.35 per share. Including these transactions, the subsidiary has acquired a total of 65.403 million shares in LI NING between August 28 and September 4, 2026 (inclusive of both days), with total consideration reaching roughly HK$874 million at an average cost of HK$13.36 per share.

Following the completion of this acquisition round, the purchasing entity will hold approximately 473 million shares in LI NING, representing about 18.30% of the company's total issued share capital as of the announcement date.

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