02331 LI NING
- 21.950
- +0.450+2.09%
LI NING News
Li Ning: Proposed adoption of the 2024 share option plan and the 2024 share award plan
Li Ning (02331) announced that the 2014 share option plan was adopted by the company on May 30, 2014 and is valid for 10 years from May 30, 2014. Since the 2014 share option plan will expire on May 30, 2024, the board of directors plans to recommend that shareholders adopt the 2024 share option plan at the special shareholders' meeting. Its terms are in line with the current provisions of Chapter 17 of the Listing Rules. The board of directors intends to recommend that shareholders adopt the 2024 share award plan at the special shareholders' meeting. Its terms are in line with the current provisions of Chapter 17 of the Listing Rules. In addition to the 2014 share option plan (will
Li Ning (02331): Proposed adoption of the 2024 Share Option Plan and 2024 Share Award Plan
Li Ning (02331) announced that the 2014 share option plan was adopted by the company on May 30, 2014,...
Direct impact of changes | Special Step International rose more than 7%, leading sporting goods stocks, the sports industry may welcome favorable policies
On May 9, the $Sporting Goods (BK1185.) $concept sector collectively picked up. As of press release, $TEP International (01368.HK) $ rose 7.77% to HK$5.41; $Li Ning (02331.HK) $ rose 4.07% to HK$21.75; and $Yuyuan Group (00551.HK) $ rose 3.50% to HK$14.80. Market source: According to news from Futubull Niu Niu, on May 8, Gao Zhidan, party group secretary and director of the State Administration of Sports, issued an article stating that he will work with relevant departments to develop policy documents to promote the transformation and upgrading of sporting goods and equipment, and continue to fight
Big Bank Rating | Citibank: Raise Li Ning's target price to HK$32.7 and upgrade to the industry's first choice
Citi published a report stating that in terms of operations, Li Ning's retail indicators for the first quarter of this year exceeded expectations, including channel inventory, retail discounts, and e-commerce recovery, laying the foundation for it to resume achieving profits from the second half of this year to 2025 to 2026. The bank expects Li Ning's revenue growth to accelerate again in the second half of this year and is expected to return to double-digit growth from 2025 to 2026. The bank upgraded Li Ning to the industry's first choice, keeping its net profit forecast for this year largely unchanged, that is, core net profit increased by 4% to 3.3 billion yuan, sales growth of 6%; the company's net profit forecast for next year was raised by 2%. Also benefiting from strong operating leverage, the bank
Li Ning Target Price Raised to HK$32.70 From HK$28.50 by Citi Research >2331.HK
Li Ning Target Price Raised to HK$32.70 From HK$28.50 by Citi Research >2331.HK
[Hong Kong Stock Connect] Li Ning (02331) fell 5.24% Changjiang Securities expects its Q2 flow to remain weak and the first half of the year's results are under pressure
Jinwu Financial News | Li Ning (02331) The stock price continued to fall in early trading. As of press release, it was HK$20.8, down 5.24%, with a turnover of HK$361 million. According to the news, Changjiang Securities said that the company released 2024Q1 flow data, and Q1 omni-channel traffic (excluding Li Ning Young) grew by low unit volume over the same period last year, which is basically in line with expectations. According to the bank, in the short term, monthly retail improvements will still take time to verify. It is expected that under the Q2 base, the company's turnover will still be weak, and revenue and performance will be under pressure under the high H1 base. However, the H2 retail base has declined, and there is little pressure on franchisees' inventories. It is expected to pass in the future
Li Ning (02331.HK) received 452,000 additional shares from FIL Limited
Glonghui, May 3 | According to the latest equity disclosure data from the Stock Exchange, on April 26, 2024, Li Ning (02331.HK) received an increase of 452,000 shares from FIL Limited at an average price of HK$21.407 per share, involving approximately HK$9.5104 million. After the increase in holdings, FIL Limited's latest shareholding was 180,969,420 shares, and the shareholding ratio increased from 6.98% to 7.00%.
Zhitong Hong Kong Stock Short Selling Statistics|April 30
Hong Kong Stock Short Selling Statistics|April 30
Changes in Hong Kong stocks | Li Ning (02331) rose more than 5% this week and surged more than 20%. Sales performance in the first quarter was in line with market expectations
Li Ning (02331) rose more than 5%, with a cumulative increase of more than 20% this week. As of press release, it rose 5.28% to HK$20.95, with a turnover of HK$172 million.
[Broker Focus] Dongwu Securities maintains Li Ning's (02331) “buy” rating and is expected to grow faster in the second half of the year than in the first half
Jinwu Financial News | According to Dongwu Securities Research Report, Li Ning (02331) released 2024Q1 business data: 1) Li Ning (excluding YOUNG): 24Q1 omni-channel retail traffic increased by a low number of units, same-store sales declined year-on-year, and the turnover performance was better than that of the same store, mainly due to differences in statistical caliber. The omni-channel traffic statistics include the efficient store flow contribution of newly opened stores during the 23Q1-24Q1 period. As of the end of 24Q1, Li Ning (excluding young) stores were 6,214, a net increase of 8 stores compared to the end of 23Q1. 2) Li Ning Young: 24Q1 omni-channel traffic increased by one position year-on-year
Anxin International: Maintaining Li Ning's (02331) “Buy” Rating Target Price of HK$28.3
The Zhitong Finance App learned that Anxin International released a research report stating that it maintains Li Ning's (02331) “buy” rating and predicts EPS of 1.30/1.45/1.59 yuan in 2024/2025/2026, with a target price of HK$28.3. 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. 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. The bank said that Li Ning's 24Q1 e-commerce channel exceeded expectations, and the running category performed well.
[Broker Focus] CMB International cuts Li Ning (02331) target price by 10% indicates that it is currently relatively unattractive
Jinwu Financial News | According to CMB International Development Research Report, Li Ning (02331) announced operating figures for the 1st quarter of '24. The low number of units in retail turnover and the inventory sales ratio of 4 to 4.5 months were all in line with expectations, but retail discounts (whether online or offline) improved by a lower number of units compared to the fourth quarter of '23, which meant that the month-on-month improvement was low to medium units, slightly better than expected. Looking ahead, on the one hand, the company did not adjust the annual guidelines (medium unit sales growth and low double-digit net profit margin). On the other hand, the outlook for the next few quarters remains positive. According to the bank, the current price is 13 times the projected price-earnings ratio in fiscal year 25.
[Broker Focus] Guotai Junan maintains Li Ning (02331)'s “increase in holdings” rating and expects the number of units in the year-on-year increase in revenue this year
Jinwu Financial News | According to Guotai Junan Development Research Report, Li Ning (02331) Q1's omni-channel traffic grew at a low rate, in line with expectations; among them, low offline sales declined (retail orders increased, wholesale orders declined), which was weaker than the company's expectations; online traffic grew at a low level of 20-30%, better than the company's expectations. According to the bank, for the full year of 2024, the bank maintains a double-digit forecast of the number of units in the year-on-year increase in the company's revenue and a low net interest rate. In terms of volume price, the bank expects the company's ASP to remain relatively stable in 2024, with growth mainly driven by volume growth. The bank expects the company's net profit to be returned to mother in 2024-2026, respectively
[Broker Focus] Huaxi Securities maintains Li Ning's (02331) “buy” rating, indicating that children's clothing is expected to become a new growth point in the long run
Jinwu Financial News | According to the Huaxi Securities Research Report, Li Ning (02331) announced 2024Q1 operating data: low unit growth in omnichannel traffic, with low unit decline/20-30% lower offline/online unit growth, and retail/wholesale growth in medium units/medium units respectively, that is, franchisees are still being removed from inventory. The bank's projected revenue growth in 24: It is expected that the main brand will close its direct sales and franchise stores. Only children's clothing and 1990 will maintain net sales, but franchise delivery is expected to improve, and e-commerce channels are expected to gradually recover in '24. On the product side, it is expected that Wade 11 will be released in the future
Li Ning's Sales Growth May Remain Under Pressure in 2Q -- Market Talk
0508 GMT - Li Ning's sales growth may remain under pressure in 2Q, CCB International says, noting the lack of improvement in its sales momentum in April to date. The Chinese sportswear company's retai
Hong Kong Stock Concept Tracking | 2024 National Culture and Tourism Consumption Promotion Campaign Launched, International Agencies Are Optimistic About Consumer Profits (with Concept Stocks)
The UBS report indicates that listed consumer goods companies are performing better than overall consumption in the economy
Changes in Hong Kong stocks | Li Ning (02331) continues to rise by more than 4%. Institutions believe that the company's e-commerce inventory has recovered and physical stores will recover in 24 years
Li Ning (02331) continued to increase by more than 4%. As of press time, it rose 4.11% to HK$19.26, with a turnover of HK$69.87 million.
[Broker Focus] BOC International maintains Li Ning's (02331) neutral rating, indicating that retail sales in the first quarter were in line with expectations
Jinwu Financial News | According to BOC International Development Research Report, Li Ning (02331)'s overall retail sales grew by a low single digit in the first quarter of 2024, in line with expectations. Online sales recovered well in the first quarter, while offline sales were weaker than expected. Both offline discounts and channel inventory have improved. According to the bank, management has reiterated its previous full-year financial guidelines, namely single-digit year-on-year revenue growth and a low double-digit net profit margin. This growth guide may be too conservative, because operations were good in the first quarter and faced a low base in the fourth quarter, but the bank believes that the net profit margin is risky. The reasons include 1) 2024 marketing expenses due to the Olympics
Nomura Adjusts Li Ning's Price Target to HK$30.40 From HK$33.20, Keeps at Buy
05:36 AM EDT, 04/23/2024 (MT Newswires) -- Nomura Adjusts Li Ning's Price Target to HK$30.40 From HK$33.20, Keeps at Buy
Hong Kong stocks closed (04.23) | Hang Seng Index closed up 1.92%, TechNet stocks once again strong, Meituan-W (03690) rose nearly 8% to lead blue chips
UBS raised the Hong Kong stock rating to overrated, and the China Securities Regulatory Commission's five measures against Hong Kong boosted the market. Hong Kong stocks strengthened for two consecutive days.
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