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Li Ning entering the U.S. and Why Wall Street is pulling for the Giants

Brent Hunsberger at the Oregonian reports that Li-Ning, the Chinese sporting goods company that sells Heat center Shaquille O’Neal’s Dunkman brand sneakers in China, has quietly opened an office in Portland, near rivals such as Nike.

O’Neal signed a five-year endorsement deal with Li-Ning in 2006 to market his low cost shoes in China, where the NBA has a major presence and just announced the opening of NBA China to conduct league business there. Cleveland Cavaliers and former Heat guard Damon Jones endorses and wears Li-Ning’s shoes on the court.

Meanwhile, CNBC’s Darren Rovell breaks down why a Giants win the Super Bowl could be good for the financial markets. Check out his analysis here.

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About the Author

SARAH TALALAY
After a decade as a news reporter in New Jersey, Southern California, Chicago and South Broward, Talalay decided to trade in covering meetings about city government and schools for meetings about sports deals and stadium finance...

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