Hillhouse Capital’s Lei Zhang Defends $6.8B Privatization Of China’s Biggest Shoe Retailer Belle International

Login to View

When China’s largest footwear retailer Belle International was delisted from the Hong Kong Stock Exchange in July following a US$6.8 billion take-private deal, the news was greeted with melancholy. "The Official Fall Of The King Of Shoes", read one headline, catching the sentiment of the time.

Continue reading with a China Money Network subscription

Join Now

Already have an account or paid subscription? Log in