Li Ning (02331) rose more than 9%. As of press release, it rose 8.86% to HK$23.95, with a turnover of HK$811 million.
The Zhitong Finance App learned that Li Ning (02331) rose more than 9%. As of press release, it had risen 8.86% to HK$23.95, with a turnover of HK$811 million.
According to the news, according to Guoxin Securities, judging from the inventory data, among domestic brands, Li Ning ranked first in sales, with sales volume of 410,000/36,000/21,000 for the top 1-3, respectively. The sales volume of Li Ning's best-selling products on the retail platform increased significantly. Of the total sales volume of the brand's top 1-3 products in April, Li Ning sold 98,000 pairs, an increase of 40.0% over the previous month.
Anxin International previously stated that the company's performance in the first quarter was basically in line with market expectations, and the guidance for the whole year will also be maintained. 24Q1's offline channel inventory turnover is 4-4.5 months, and new products account for about 80% in 6 months. The channel inventory is in a healthy state, and the storage age structure is good. As inventory levels return to health, the bank believes the company's growth will return to a steady level. With the arrival of the Paris Olympics, the company will also launch a series of marketing activities to raise the brand's voice.