News Snapshot:
Chinese athletic apparel producer Peak Sport Products Co. is planning an initial public offering of A-shares as soon as next year after delisting from Hong Kong’s stock exchange in 2016, according to people familiar with the matter. The company was most recently valued at 9 billion yuan ($1.4 billion), the people said, asking not to be identified as the matter is private. It’s currently working with an adviser to raise fresh capital before its planned domestic IPO, the people said. Deliberations on the size and timeline of the fundraising as well as the potential IPO are preliminary and may not...
