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.
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.