Hong Kong stocks are moving differently | Sporting Goods stocks are rising across the board. Institutions say the Sports Industry has a broad outlook, and the high boom in sports apparel may continue.
The shares of Sporting Goods companies rose across the board. As of the time of this report, TOPSPORTS (06110) rose by 7%, trading at 2.75 HKD; 361 DEGREES (01361) rose by 5%, trading at 4.41 HKD; LI NING (02331) rose by 3.49%, trading at 17.78 HKD; XTEP INT'L (01368) rose by 3.17%, trading at 5.86 HKD; ANTA SPORTS (02020) rose by 2.85%, trading at 84.8 HKD.
pdd holdings' Double 12 is in full swing, with a 10 billion subsidy 'Super Double Important' back online, and the price of li ning running shoes dropping by 70%.
On December 8, pdd holdings' Double 12 promotion is in full swing, with a new round of "Super Double Subsidy" event officially launched. The featured commodities cover major categories such as beauty, personal care, maternity and baby, food, and home appliances, offering heavy discounts on top of the daily price of the hundred billion subsidies, with the highest discount reaching up to 50%. It is reported that this "Super Double Subsidy" event will run from 10 AM on December 8 to 10 AM on December 13. During the event, consumers only need to enter the pdd holdings homepage, click on the hundred billion subsidy channel, and enter the "Double Subsidy" event area to conveniently shop for global goods.
Smart Port HK Stock Short Selling Statistics | December 6
Hong Kong stock short-selling statistics | December 6th
Fei Electric 5 ELITE made its debut on the track, helping li ning (02331) sign a contract with athletes to win three championships in two cities.
The Shenzhen Marathon started with the firing of the starting gun. As a platinum sponsor of the event, li ning provides comprehensive equipment support and pre-and post-race services for the Shenzhen Marathon.
Li Ning (02331) launches a brand new cutting-edge technology, empowering professional sports with technological innovation.
The li ning technology platform continues to make breakthroughs.
Hong Kong stocks unusual movement | Li Ning (02331) now rises more than 5%. The company previously introduced Sequoia China to establish a joint venture to layout overseas markets.
Li Ning (02331) is now up more than 5%, at 5.28%, trading at 16.76 Hong Kong dollars, with a turnover of 0.249 billion Hong Kong dollars.
li ning is going to open up new battlegrounds overseas.
See the real chapter of business performance.
[Brokerage Focus] Haitong Securities maintains an "outperform the market" rating on Li Ning (02331), pointing to its further expanding influence in the professional sports market.
Jingu Finance News | Haitong Securities' research reports indicated that in the third quarter of 2024, Li Ning (02331) experienced a decline in offline sales and a stable performance in high-end offline sales compared to the second quarter. The e-commerce revenue maintained positive growth in the first three quarters of this year, with the securities firm determining that this is partly due to the shift of customer traffic from offline to online, and also because e-commerce channels with high cost performance ratios are more popular. Additionally, the firm determines that currently the company's high-level market stores will mainly focus on adjustments and closing a small number of stores, while there are still untapped markets at lower levels available for exploration, and franchise stores are expected to continue to be opened steadily. The firm mentioned that the company announced the establishment of a joint venture company with Redshirt Capital to handle the overseas operation and promotion of the Li Ning
Express News | BlackRock's Long Position in Li Ning Increases to 5.20% on Oct 24 From 4.17% - HKEX
[Special guest V] James Kwok: No breakthrough in the short term, the index remains at a level of 20,200 to 21,200 points.
King's Financial News | The performance of the US stock market was positive on Monday, with signs of geopolitical cooling, coupled with market expectations of strong performance by American companies, driving the overall market up. All three major indices closed with gains. The US dollar remained stable, with the yield on the ten-year Treasury rising to 4.28%, leading to a positive trend in gold prices, while oil prices showed a significant decline. Hong Kong stocks generally rose, with expectations of a higher opening following external market trends. The mainland stock market saw individual developments yesterday, with the Shanghai Composite Index opening lower and closing 0.7% higher, while the trading volume in Shanghai and Shenzhen also increased. Hong Kong stocks maintained narrow fluctuations, with the index hovering around the 20,500 point level, and trading in the overall market also significantly decreased.
[Brokerage Focus] Citi raises Li Ning (02331) target price by 21%, but remains relatively conservative on its guidance for the 24th fiscal year.
Golden Finance News | CMB International issued research reports stating that Li Ning (02331) had slightly better retail revenue in the third quarter of 2024 than market expectations. The e-commerce channel showed a more stable growth, reaching mid-single digits. The sales performance of functional products was better than that of fashion products (pressure on the "China Li Ning" series), while sales growth in outlets and non-outlets both slowed down. There is pressure on retail discounts and inventory. The company maintained its guidance for the 2024 fiscal year (low single-digit sales growth and low double-digit net income ratio), but the bank is more cautious, expecting only 2% sales growth and an 11% net income ratio. Although management emphasized October retail
[Brokerage Focus] Tianfeng Securities maintains a buy rating on Li Ning (02331), suggesting that the entry of Hillhouse China may help accelerate the development of the joint venture company.
King's Finance News | Tianfeng Securities research report stated that as of 24Q3, li ning (02331) had a total of 6281 sales points (excluding li ning YOUNG), an increase of 42 compared to the end of the previous quarter, with a net increase of 41 year-to-date. Out of the net increase of 41 sales points, retail decreased by 14, while wholesale increased by 55. The number of li ning YOUNG sales points totaled 1459, with a net increase of 21 compared to the end of the previous quarter, and a net increase of 31 year-to-date. The report mentioned that on October 22, Li Ning Group announced that it would indirectly acquire 100% equity interest in LN Co through its Founder Co subsidiary.
[Brokerage Focus] BOCOM International raises li ning (02331) target price to 15.94 Hong Kong dollars, citing significant uncertainties in 4Q24.
Kingcome Financial Report | Pu Yin International released research, li ning (02331) 3Q24 overall omni-channel revenue declined year-on-year in m units, slightly better than the market's expectation of a decline from m units to high units. Among them, offline channel revenue declined year-on-year in high units, better than the market's expectation of a low double-digit decline. The revenue of offline direct-operated stores in 3Q24 decreased year-on-year in m units, slightly better than the performance of franchisee offline stores (declining in high units). However, excluding the impact of outlet stores, the revenue performance of offline direct-operated regular price stores and franchise stores is basically the same. The management stated that with the deepening of the discount rate of regular price stores, 3Q24 outlet store revenue...
[Brokerage Focus] Guotai Junan Securities maintains a 'buy' rating on Li Ning (02331), expecting inventory recovery to promote a return to stable growth.
Kingwu Financial News | Ambit International Development Research pointed out that Li Ning (02331) announced the operating situation of Q3 2024, with a year-on-year decrease in the middle unit retail turnover across all platforms, a high unit decrease year-on-year in offline, and a medium unit increase year-on-year in e-commerce. The bank pointed out that in terms of channel inventory turnover, the offline channel inventory turnover in 24Q3 was around 5, slightly higher year-on-year but still within a controllable range, with new products accounting for about 80% of the inventory structure remaining healthy. In terms of discounts, the company's offline channel discounts deepened in low unit numbers, while the e-commerce channel's retail discounts in low unit numbers improved. It is expected that Q4 will be affected by traditional e-commerce shopping festivals.
[Brokerage Focus] Bocom Intl maintains a neutral rating on Li Ning (02331), but expects a better performance in the fourth quarter than the previous three quarters.
Golden Finance News | Bocom Intl released research reports indicating that Li Ning (02331) experienced a single-digit year-on-year decline in overall retail revenue across all channels in the third quarter of 2024. Offline retail performed poorly due to pressure on foot traffic, showing a single-digit decline. Online retail recorded a single-digit growth. The bank pointed out that during the National Day holiday period, each channel saw a month-on-month recovery, with the e-commerce channel showing a remarkable 30-40% growth. Currently, the pre-sales performance for singles' day sales meets the company's expectations, and various sales indicators (such as average purchase price) have shown improvement month-on-month, combined with a low base from the same period last year, the performance in the fourth quarter is expected to be better than the first three quarters. In order to maintain a healthy inventory level (above 80%).
Joining hands with Sequoia China, Li Ning is going all in overseas.
①Today, Li Ning revealed that it will establish a joint venture with Sequoia China to expand overseas markets; ②Previously, Sequoia China has invested in cross-border e-commerce companies such as Shein, Aoke Technology, PatPat, and Zhiyu; ③In the process of Li Ning's internationalization, supply chain, overseas warehouse management, and the choice of cross-border platforms are all important considerations.
Express News | BlackRock, Inc's Long Position in Li Ning Decreases to 4.13% on Oct 17 From 5.89% - HKEX
Hong Kong stocks continue to rebound! The three major indexes collectively rise, with photovoltaic stocks performing well in the front.
li ning's stock price plummeted, what news is affecting it? 2. Is the southbound fund continuing to experience net inflows today?
Li Ning's third-quarter sales data fell by nearly 4% year-on-year, can global strategy adjustments lead to new growth?
How was li ning's performance in the third quarter? What do institutions think of li ning's establishment of joint ventures and future performance?
[Brokerage Focus] Soochow maintains a "buy" rating on Li Ning (02331), expecting the company's Q4 sales to improve compared to the previous quarter.
Jingu financial news | Soochow Securities reported that li ning (02331) 24Q3 company business data showed that li ning (excluding young) omni-channel retail revenue decreased year-on-year in single digits, with offline/e-commerce channel revenue decreasing year-on-year in double digits/increasing in single digits, and offline channels' self-operated/wholesale revenue decreased year-on-year in single digits/high double digits. The bank pointed out that based on the sales improvement trend since October, the company maintains guidance for low single-digit year-on-year revenue growth for the full year. 2) Profit margin: The deepening discounts in the second half of the year have affected the gross margin, combined with a 1.6 percentage point year-on-year increase in gross margin in the first half of the year, the full-year gross margin