Hong Kong-listed Lifestyle International Holdings has announced the formal opening of its Dalian Jiuguang Department Store, which is the group's first Japanese-styled department store in Dalian and its third department store in mainland China.

Lifestyle International Holdings Ltd. has published its 2008 interim report, which says that by June 30, 2008, the company had realized net profits of HKD606 million, a year-on-year increase of 41.9%.

According to the Hong Kong Stock Exchange, Lifestyle International, a Hong Kong department store giant, wants to become a shareholder of Beiren Group, a state-owned retail group in Shijiazhuang.