Herbalife (HLF) Granted Additional Chinese Direct-Selling Licenses
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Herbalife Ltd. (NYSE: HLF) are moving 2.5% higher after the company said China's Ministry of Commerce has granted eight additional licenses for the company to conduct its direct-selling business in Hebei Province, Shanxi Province, Tianjin Municipality, Heilongjiang Province, Hunan Province, Guangxi Zhuang Autonomous Region, Hainan Province, and Anhui Province. All licenses are effective immediately.
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