【Brokerage Focus】Tianfeng maintains a "Buy" rating for LI NING (02331), indicating that the company is gradually emerging from its operational low point.
Jinwu Finance | Tianfeng Research pointed out that in the first quarter of 2025, LI NING (02331) overall retail revenue (excluding LI NING YOUNG) saw low single-digit growth year-on-year, with retail (direct stores) in offline channels experiencing a low single-digit decline, while wholesale (franchised) saw low single-digit growth; e-commerce grew at the lower range of 10%-20%. In China, the number of LI NING sales points (excluding LI NING YOUNG) decreased by 29 to 6088 (with a net decrease of 6 in retail and a net decrease of 23 in wholesale); the number of LI NING YOUNG sales points decreased by 15 to 1453. LI NING is focusing on the operational efficiency of its stores, systematically closing low-efficiency stores to optimize channel distribution.
Consumer stocks are performing well with Shenzhou International Group Holdings Limited Unsponsored ADR (02313) up by 4.2%. The central bank will establish a 500 billion yuan relending facility for Consumer and Retirement services.
Golden Finance News | Consumer stocks are performing well, among the Sporting Goods stocks, Shenzhou International Group Holdings Limited Unsponsored ADR (02313) rose by 4.2%, YUE YUEN IND (00551) rose by 3.53%, LI NING (02331) rose by 1.58%, ANTA SPORTS (02020) rose by 1.36%; among the Dining stocks, JIUMAOJIU (09922) rose by 3.54%, HAIDILAO (06862) rose by 1.36%, YUM CHINA (09987) rose by 0.71%. Among the Home Appliances stocks, Midea Group Co., Ltd (00300) rose by 1.21%, HAIER SMARTHOME (06690) rose by 1.31%. The Governor of the People’s Bank of China, Pan Gongsheng, in May.
The LI NING brand has officially signed a contract with the China Olympic Committee, becoming the Sports Outfits partner for the China Olympic Committee for the years 2025-2028.
LI NING has become the sports outfits partner of the China Olympic Committee from 2025 to 2028.
[Brokerage Focus] SWHY maintains a "Shareholding" rating on LI NING (02331), indicating that the expansion into outdoor and other new product categories is expected to contribute additional growth.
Jinwu Financial News | SWHY has issued a Research Report stating that LI NING (02331) released its Operation data for the first quarter of 2025, and sales continue to show steady recovery. In Q1 2025, the LI NING brand (excluding LI NING children's clothing) saw low single-digit year-on-year growth in all-channel revenue, while children's clothing performed better than big ticket items, experiencing high single-digit growth in the first quarter revenue. Overall demand continues to show a steady recovery trend, performing in line with expectations. From different channels, the wholesale channel revenue grew in low single digits year-on-year in the first quarter, e-commerce revenue grew in the low range of 10%-20%, and direct sales revenue decreased in low single digits year-on-year, mainly due to the optimization of channel structure resulting in a reduction of the number of direct stores in 2024. The 2024 public...
[Brokerage Focus] Jianyin International maintains a neutral rating for LI NING (02331) as sales uncertainties overshadow the company's outlook.
Golden Wealth News | Jianyin International Research indicates that LI NING (02331) retail sales in the first quarter of 2025 experienced a slight year-on-year increase, with a growth rate in the low single digits (LSD), which is generally in line with the bank's and the market's expectations. By channel type, offline channels recorded low single-digit growth, while direct sales retail store sales fell in low single digits, franchise store sales increased in low single digits, and online channels recorded low double-digit growth. The company net closed 29 LI NING stores and 15 LI NING youth stores in the first quarter of 2025, indicating potential improvements in store efficiency in the future. The bank noted that LI NING's sales in the first quarter of 2025.
LI NING (02331) released the 2024 ESG report: driving a green and sustainable future through innovation.
On April 29, 2025, LI NING Company (02331) officially released the "2024 Environmental, Social, and Governance (ESG) Report."
Nomura Adjusts Li Ning's Price Target to HK$16.20 From HK$17.40, Keeps at Neutral
ANNUAL REPORT 2024
DBS Remains a Buy on Li Ning Company (LNNGF)
Li Ning's Sales, Profitability Face Headwinds Ahead -- Market Talk
Li Ning's Points of Sale Decline in China in Q1
CICC: Maintain LI NING (02331) outperforming Industry rating with a Target Price of HKD 20.82.
The management maintains the guidance that the 2025 revenue will be flat year-on-year, with a net income margin in the high single digits.
Li Ning Reports Modest Growth in Q1 2025 Amid POS Adjustments
【Brokerage Focus】Huachuang Securities maintains a "Strong Buy" rating on LI NING (02331), expecting the brand's influence to continue to improve.
Jinwu Financial News | Huachuang Securities Research Reports indicate that LI NING (02331) is expected to achieve revenue of 28.68 billion yuan in 2024, a year-on-year increase of 3.9%; the net income attributable to shareholders will be 3.01 billion yuan, a year-on-year decrease of 5.5%, corresponding to a net margin of 10.5%. At the same time, the company will distribute a final dividend of 20.73 cents per share, along with an interim dividend, resulting in a total annual dividend of 58.48 cents per share, with a payout ratio of 50%, an increase of 5 percentage points year-on-year. The report states that on the product side, the company adheres to a strategy of a single brand, multiple categories, and multiple channels, with the product matrix width increasing by 30%-40% and the depth decreasing.
LI NING (02331.HK) was allotted an additional 0.521 million shares by FIL Limited.
Gelonghui, April 23 | According to the latest equity disclosure information from the Stock Exchange, on April 15, 2025, LI NING (02331.HK) was increased by FIL Limited by 0.521 million shares at an average price of HKD 15.3547 per share, involving approximately HKD 8 million. After the shareholding increase, FIL Limited's latest shareholding number is 129,449,984 shares, and the shareholding ratio has risen from 4.99% to 5.01%.
LI NING (02331) creates a special event for Earth Day to showcase the achievements of its Eco-friendly Concept product advancement across the entire supply chain.
On April 20, 2025, in anticipation of Earth Day, the Chinese sports brand LI NING (02331) launched a limited-time pop-up called LI NING Nature Space in Chengdu Chunxi Road Silver Stone Square, officially starting LI NING's Earth Day special event "Every step forward makes the world a better place."
Zhitong Hong Kong Stock Short Selling Statistics | April 18
HK Stock Short Selling Statistics | April 18
The market continues to rebound with reduced volume, continuously monitoring the rotational opportunities between the CSI Consumer 360 index and self-control.
Track the entire lifecycle of the main Sector.
The new generation Siasun Robot&Automation all-femtosecond technology was unveiled at the Consumer Expo. ZEISS China LI NING: Laser scanning reduced to 10 seconds.
Sina Technology reported on the evening of April 14 that the new generation robot all-laser VISUMAX 800 and new minimally invasive SMILE pro technology from ZEISS China made their appearance at the Fifth Consumer Expo. LI NING, head of refractive Business at ZEISS China, told Sina Technology, "In the first generation all-laser procedure, the laser scanning time was 24 seconds, whereas the new generation robot all-laser reduces this time to just 10 seconds, allowing for corneal lenses to be made in 10 seconds, significantly improving surgical efficiency." He mentioned that while the reduction from 24 seconds to 10 seconds seems small, it represents approximately 2.5 times more laser time for such precise operations as myopic surgery.
Hong Kong stock concept tracking | USA's tariff policy may heavily damage Asia's Outfits and textile industry, with Orders gradually concentrating on leading enterprises overseas (including concept stocks).
The textile and Outfits Industry will accelerate clearing out, and Orders will gradually concentrate on leading enterprises with overseas layouts.