Esprit Ex-Chairman Michael Ying More Than Doubles Stake

Esprit Ex-Chairman Michael Ying More Than Doubles Stake

Munshi Ahmed/Bloomberg

Esprit’s American depositary shares, each backed by two underlying common shares, gained 1.9 percent to close at $3.15 in over-the-counter trading in the U.S. yesterday, after earlier rising as much as 4.9 percent.