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Hong Kong luxury retailer YGM’s shares soar after Reuters reveals expansion plans 07.05.2011 Shares of Hong Kong luxury retailer YGM Trading surged as much as 10 percent to seven-month highs on July 5 after CEO Shirley Chan told Reuters in an exclusive interview the company planned to acquire private European brands to expand its portfolio in China. The shares ended 8.7 percent higher on the day and gained another 4.7 percent the next day. Dow Jones and Bloomberg did not match the story. Reuters Firsts will need at least flash player 9 to give you the full experience. The latest Flash player can be downloaded here	firsts across any industry Commodities & Energy Energy, metals, agricultural and environmental markets FX & Money Markets Macroeconomics, monetary policy, FX and money markets Politics & Risk Politics and political risk Equity & Derivatives Companies, sectors, M&A and the financial industry Fixed Income Sovereign and corporate debt, credit, and ratings firsts by region Americas View stories from this region Europe / Middle East / Africa View stories from this region Asia View stories from this region Emerging Markets View stories from this region

Equity & Derivatives

Companies, sectors, M&A and the financial industry

Hong Kong luxury retailer YGM’s shares soar after Reuters reveals expansion plans

07.05.2011

Shares of Hong Kong luxury retailer YGM Trading surged as much as 10 percent to seven-month highs on July 5 after CEO Shirley Chan told Reuters in an exclusive interview the company planned to acquire private European brands to expand its portfolio in China. The shares ended 8.7 percent higher on the day and gained another 4.7 percent the next day. Dow Jones and Bloomberg did not match the story.

Reuters Firsts will need at least flash player 9 to give you the full experience. The latest Flash player can be downloaded here