British retail giant Tesco's first hypermarket in Fujian province will be opened in Xiamen soon.

Chinese sportswear giant Li Ning has started its comprehensive distribution network in South Asia with the opening of a flagship store in Ion Orchard, Singapore, and it plans to open up to 100 badminton supplies stores in this area before the end of 2009.

Quanzhou-based Chinese sportswear company 361° has been listed in Hong Kong, with an initial public offer price of HKD3.61 per share.

Chinese hotpot chain Little Sheep has announced that it has completed the integration of eight additional franchise restaurants, increasing the number of self-managed restaurants it owns to 143.

Wal-Mart has opened a new outlet, its 148th store in China, on the second and third floors of Changshan Lake Shopping Plaza in Changle city, Fujian.

Anheuser-Busch InBev, Tsingtao Beer's second-largest single shareholder, has announced that it will sell 91,641,342 H shares in Tsingtao Beer for HKD19.83 per share to Chen Fashu, chairman of the Fujian-based New Huadu Industrial Group.