Domestic demand stocks are rising broadly as the government's work report draws attention to measures to expand domestic demand. China has doubled its support for the replacement of consumer goods.
Jinwu Financial News | Domestic demand stocks generally showed an upward trend today. TINGYI (00322) rose 2.63%, reporting HKD 12.48; NONGFU SPRING (09633) stock price increased by 2.42%, to HKD 36.05; China Resources Beverage (02460) was up 1.31%, reporting HKD 13.9. In the field of domestic consumption stocks, Shenzhou International Group Holdings Limited Unsponsored ADR (02313) rose 1.64%, to HKD 58.9; LI NING (02331) increased by 1.18%, reporting HKD 17.2; ANTA SPORTS (02020) rose 0.17%, reporting HKD 90.45; XTEP INT'L (01
Zhitoong Hong Kong stock short selling Statistics | March 3
Hong Kong stock short selling Statistics | March 3.
Citi Upgrades Li Ning Company to Buy From Neutral; Price Target Is HK$21
The adjustment of Hang Seng Index weights has triggered capital flows among major players: Alibaba and Tencent are facing short-term selling pressure, how should investors respond?
① How does the adjustment of the weight of leading stocks affect the related Stocks? ② Why is the "time window" for passive funds rebalancing concentrated on the day before it takes effect?
【Brokerage Focus】BOCOM INTL 2025 Consumer Trend Analysis: Consumer structure further optimized and upgraded.
Jinwu Finance | BOCOM INTL released the 2025 Consumer Trend Analysis. From the beginning of 2025 to now, the consumer market has exhibited new trends different from previous years, with further optimization and upgrading of the consumption structure. 1) The popularity of Sports consumption is rising, especially noticeable in lower-tier markets. Consumers' focus on sports and health continues to increase, and this trend is particularly evident in lower-tier markets. Over 70% of stores located in lower-tier cities, such as 361 DEGREES, achieved double-digit year-on-year sales growth during the Spring Festival, indicating that Sports consumption is rapidly penetrating into lower-tier cities. 2) The combination of traditional culture and modern consumption presents an opportunity for Chinese IP to go Global. Traditional cultural elements...
[Brokerage Focus] CITIC SEC: The "reciprocal tariff" plan may have expectation differences. The Industry of textile and apparel is concerned about the diversification of production capacity distribution.
Jingwu Financial News | CITIC SEC states that the textile and apparel industry, as one of the sectors focused on trade friction, has already engaged in Trade under different scenarios of the increased tariffs since the second half of last year. However, the bank determines that Trump's latest "reciprocal tariff" proposal contains expectations differences: because it will take into account various countries' tariff rates, market access, trade barriers, and other factors, there may be some differences in the USA's tariff policy towards Southeast Asian and South Asian countries. The bank indicates that from the manufacturing side, leading enterprises are continuously adjusting their production capacities to cope with tariff disturbances, but the differences in tariffs from different origins brought about by the implementation of the proposal may lead to a differentiation in the performance of orders from subcontractors, while if this time is handled by subcontractors.
The shares of sporting goods companies rose broadly, with LI NING (02331) increasing by 4.29%. Institutions are bullish on the expansion and development of the domestic sportswear market.
Jingwu Financial News | Sporting Goods stocks rose broadly, with LI NING (02331) up 4.29%, ANTA SPORTS (02020) up 3.87%, XTEP INT'L (01368) up 2.23%, YUE YUEN IND (00551) up 2.13%, and CHINA DONGXIANG (03818) up 1.32%. In terms of news, Huaxin Securities stated that policies promote the construction of high-quality outdoor sports destinations, which is expected to create new growth in demand for sports apparel and equipment. The National Development and Reform Commission and the General Administration of Sport released the "Guiding Opinions on Building High-Quality Outdoor Sports Destinations," which clearly states that by 2030, nationwide construction...
Guosen: Changes in competitive trends of sports brands for 2024 and outlook for 2025.
Against the backdrop of a continued increase in domestic residents' participation in sports, the advantages of functional product growth are expected to continue, with brands that have product word-of-mouth effects and Technology upgrades benefiting from growth dividends.
Hong Kong stocks moving | LI NING (02331) rises over 6% becoming a new partner of the Chinese Olympic Committee for the new cycle. Citigroup expects its revenue growth to accelerate significantly next year.
LI NING (02331) has risen over 6%, currently up by 6.17% to HKD 16.52, with a trading volume of 0.137 billion HKD.
【Brokerage Focus】Bank of America Securities: Different trends are observed in various sectors of the Chinese economy before the Spring Festival.
Goldwing Financial News | Bank of America Securities released a report indicating that China's economy has shown different development trends in various fields before the Spring Festival. Regarding the Spring Festival travel rush, the travel rush will start on January 14, 2025, with an expected passenger volume of 9 billion across railroads, highways, aviation, and waterways within 40 days. As of January 22, domestic passenger traffic reached 1.85 billion, a year-on-year increase of 5.4%, and 8.9% higher than the same period in 2019. In the first week of the travel rush, flight passenger numbers increased by 26.3% and 7.5% compared to 2019 and 2024 respectively, but as of January 18, ticket prices decreased by 3.3% year-on-year and 5% month-on-month.
[Brokerage Focus] Guosen maintains a "Buy" rating for LI NING (02331), bullish on the company's product competitiveness, expecting the footwear category to drive growth.
Jinwu Finance | Guosen Securities released a research report indicating that on January 15, 2025, the Shanghai United Property Exchange officially announced that LI NING (02331) (China) Sporting Goods Co., Ltd. has been selected as a partner for the sports outfits cooperation project for the China sports delegation for the 2025-2028 period; the LI NING brand will become the official sports outfits partner of the Chinese Olympic Committee and the China sports delegation from 2025 to 2028. Recently, ANTA, TEBE, and 361 DEGREES have sequentially disclosed their revenue for the fourth quarter and the entire year of 2024, with the fourth-quarter revenue growth generally accelerating compared to the third quarter. The bank noted that LI NING's fourth-quarter performance is rising quarter-on-quarter.
The LI NING brand has become the official Sports Outfits partner for the China Olympic Committee and the China Sports Delegation from 2025 to 2028.
On January 15, 2025, the Shanghai United Property Exchange officially announced that LI NING has been selected as a partner for the sports outfit cooperation project of the China Sports Delegation for 2025-2028.
Zhito's exclusive supply | Xiaohongshu's A-share Concept stocks have surged, and are the Hong Kong Stocks symbols being brewed?
A large number of "TikTok refugees" are flocking to Xiaohongshu, leading to a significant increase in A-shares related to Xiaohongshu Concept, where stocks such as Hangzhou Onechance Tech Corp. and Foshan Yowant Technology have continuously hit the daily limit up. In contrast, related stocks in the Hong Kong market are performing relatively flat due to a lack of Volume.
Li Ning Likely to Continue Facing Soft Sales -- Market Talk
Li Ning Target Price Lowered to HK$20.30 From HK$20.90 by Nomura>2331.HK
[Brokerage Focus] Goldman Sachs cuts LI NING (02331) Target Price by 14.4% but expects its future growth to be modest.
Jinwu Financial News | Goldman Sachs has released a research report analyzing and predicting the development prospects of LI NING (02331). The firm maintains its Net income forecast for fiscal year 2024 and the second half of the year, while lowering its forecasts for fiscal years 2025-2026 by 7%-11%. This is mainly due to slower sales growth, increased brand investment, and a reduction in some operational leverage. Although retail sales for 2024 are expected to achieve low to mid-single-digit growth driven by online business, the offline sales are also expected to turn positive from negative, yet discount pressures persist. Goldman Sachs believes that LI NING Company is likely to achieve its set goals in 2024.
Hong Kong stocks movement | LI NING (02331) surged over 3% in the late session as the sports brand accelerates its overseas expansion efforts, partnering with Sequoia to explore overseas Business.
LI NING (02331) surged over 3% in the closing session, up 3.04% as of the time of writing, priced at 16.28 Hong Kong dollars, with a transaction volume of 0.292 billion Hong Kong dollars.
Zhizhong Hong Kong Stock Short Selling Statistics | January 6th
Hong Kong Stock short selling Statistics | January 6.
Express News | BlackRock's Long Position in Li Ning Increases to 5.06% on Dec 25 From 4.55% - HKEX
LI NING (02331.HK) issued 0.2174 million shares due to the exercise of stock options.
Gelonghui, December 30: LI NING (02331.HK) announced that on December 30, 2024, 0.2174 million new shares will be issued according to the share option plan adopted by the company on May 30, 2014.