Pandora to China

Jewellery maker Pandora A/S (潘多拉)(OMX: PNDORA) is now ready to go heavily into China, Berlingske Business writes. Pandora says it has bought the rights to the Chinese name and plans to open stores in 60 cities within five years. Previously this advance has been halted by Chinese trademark authorities. Pandora's stock has more than halved in past four months and has had heavy short interest.