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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.
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