咏竹坊

Goldlion joins stock retreat as brand loses its luster

The menswear maker has become the latest firm to announce plans to delist from the Hong Kong market as it grapples with weak Chinese consumption.

This article only represents the author's own views.

A new trend is taking hold in Hong Kong’s winter sales season, and a clothing company renowned for its classic menswear has hopped onto the bandwagon.

Earlier this month Goldlion Holdings Ltd. (0533.HK) announced plans to delist from the Hong Kong Stock Exchange after three decades as a public company, joining a host of small-cap firms that want to revert to private ownership after struggling to find favor with investors.

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