Esprit Holdings (00330.HK) opened high today, up 14.97%, reaching a high of 0.225 yuan, and once rose 34.7%. It is currently reported at 0.197 yuan, up 17.96%, with a turnover of 19.4663 million shares, involving 4.0062 million yuan.

The group announced that it is in the final stage of negotiations with an independent third party, which involves the possible sale of trademark matters including all rights and interests arising from such trademarks, as well as the main domain names in the Greater China region, for a price of $47.5 million. After the final agreement is signed, an initial payment of $10 million is expected.