On June 26, Gleonhui | Esprit Holdings (0330.HK) opened at 0.192 Hong Kong dollars, up 14.97%. On the news front, the company announced that the management is currently in the final stage of negotiations with an independent third party to possibly sell the trademark, together with all rights and interests arising from the trademark, as well as the main domain names in Greater China. After the final agreement is signed, the company is expected to receive an initial payment of $10 million. The potential proceeds from the sale will be used for general operating funds.
港股异动丨思捷环球高开近15%，磋商出售大中华区商标事项步尾声
Hong Kong stocks surge | Esprit Holdings opens nearly 15%, negotiations on the sale of Greater China trademarks come to a close.
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