Xtep Stock Soars after Celeb Buy
The Chinese sportswear brand sold 5,000,000 shares of its stock for HK$2.48 per share to brand ambassador and Canadian Hong Kong celebrity Nicholas Tse, after which the company’s share price then jumped 20% to almost HK$3.00 per share, its highest level since the early May during the pandemic. Trading volume was up 12 times normal levels on ... Log in to view full article.
