By Jonathan Breen
11.15 AM
Viva China Holdings raised HK$3.8bn ($491.4m) by offloading a block of shares in Chinese sportswear manufacturer Li Ning Co this week, while Swiss Re exited New China Life Insurance.
Viva is a mainland-based company that provides services including sports events production and management and sports-related consultancy.It took the opportunity to trim its stake in Li Ning on Monday, after the stock jumped 5.5% during the day. It is the second time this year Viva has sold
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