02331 LI NINGWatchlist
About LI NING Company
Li Ning Co., Ltd. is one of the leading sports brand enterprises in China. It mainly deals in Li Ning brand and casual sports shoes, clothing, equipment and accessories products. The Group has brand marketing, R&D, design, manufacturing, distribution and retail capabilities, and has now established a huge retail distribution network and supply chain management system in China. We are committed to becoming a fashionable, world-class professional sports brand enterprise originating in China and recognized by the world. In addition to the core brand Li Ning brand, the Group also produces, develops, promotes, distributes and sells a number of other brand sports products owned, licensed, or operated by a joint venture/joint venture with a third party of the Group, including Hongshuangxi table tennis products, AIGLE (Aigle) outdoor sporting goods, Danskin dance and yoga fashion and fitness products, and Kason (Kaisheng) badminton products.
[Broker Focus] Huacheng Securities maintains Li Ning (02331)'s “push” rating, indicating that it is expected to encroach on higher market share with a leading attitude
Jinwu Financial News | According to Huacheng Securities Research Report, Li Ning (02331) released 23Q3 operating data (excluding young), 23Q3 retail flow YOY+ orders, offline yoy+ high orders, e-commerce yoy-low orders; offline medium: direct yoy +20% to 30% low, wholesale yoy+ low orders. According to the bank, in the year of the Olympics in '24, the company's product matrix was optimized. 1) Integrate star team resources around the Olympic theme. 2) Professional and lifestyle categories go hand in hand: the lifestyle category mainly stabilizes the mass market; the professional category focuses on running shoes and basketball (increasing the entry-level price of 499-599 yuan with layout)
Direct impact of changes | Li Ning rose nearly 4%, and the increase in the number of units recorded on Double Eleven was in line with expectations
Li Ning (02331) is currently up nearly 4%. As of press release, it is up 3.9% to HK$24, with a turnover of HK$342 million.
Amway Co., Ltd. (300218.SZ): Cooperation with Li Ning is improving, but due to the late entry into its supplier system, current revenue and share is relatively small
Glonghui November 8 | Amway Co., Ltd. (300218.SZ) said in an online conference call held on November 8, 2023, that the company's cooperation with Li Ning is improving, but due to its late entry into its supplier system, current revenue and share is relatively small; the company actively coordinates product development and cooperation, including TPU, and continues to increase its internal share in Li Ning. Amway shares are confident in expanding cooperation with Li Ning.
DBS: Li Ning Co Ltd – Buy Target Price HK$37.00 - Alpha Edge Investing
$STANCHART(02888.HK)$ plunged 11.4% to close at $59.75, after credit provision increased and customer deposits decreased in 3Q23. $HSBC HOLDINGS(00005.HK)$ , which w...