Chairman and management sell $102 million of stock in Shenzhou International

Investors show strong interest in the Chinese knitwear manufacturer and the deal is upsized by 20%.

<div style="text-align: left;"> Shenzhou International makes knitwear for Uniqlo, Adidas and Nike </div>

Anette Jönsson

January 09, 2013

Two companies owned by the chairman and senior management of Hong Kong-listed Shenzhou International Group last night took some money off the table by selling HK$793 million ($102 million) worth of shares in the company, which manufactures fabrics and knitwear for brands like Uniqlo, Adidas and Nike.

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