[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.
Outfit brands return to offline to attract customers, still viewing outdoor sports as the key to traffic | Year-end review.
① This year, outfit brands are focusing on the establishment of offline channels, with some accelerating the opening of offline stores; ② Online is facing a traffic bottleneck, with low stock price competition, high return rates, and declining quality leading to a poor online ecosystem; ③ Outdoor sports are still regarded as a high-traffic area, with professionals believing that competition will intensify.
GF SEC: The WeChat Mini Store is testing a gift function, which is expected to bring new growth to the textile and apparel Industry.
The WeChat ecosystem has been continuously improving in recent years. Bullish on WeChat Mini Stores, which are expected to break through by giving gifts, achieving rapid growth in the e-commerce Business. Online revenue has already become one of the important income sources in the Clothing and Home Textiles Industry.
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