Chinese sportswear maker Peak raises $232m ahead of potential IPO in 2022

Chinese sportswear maker Peak raises $232m ahead of potential IPO in 2022

Chinese athletic apparel producer Peak Sport Products Co has raked in nearly 1.5 billion yuan (about $232 million) in a strategic investment led by CR Capital Management, as the firm was reportedly planning an initial public offering (IPO) on a domestic stock exchange.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter