NIKE: Business is booming in China (NKE)

Nike's leadership is bullish on China and said partnerships with the country's leading digital platforms are driving momentum. The sneaker giant posted second-quarter revenue of $1.38 billion for the Greater China region, the 17 consecutive quarter of double-digit sales growth. Nike's quarterly results beat on both the top and bottom lines, but its sales in China fell a bit short of estimates. Watch Nike trade in real time here. Nike says its relationship with Chinese consumers is "as...