Core Viewpoint - DBS has released a report stating that Li Ning (02331) is a leading domestic sportswear brand in China, with a market share of 10.3% as of 2024 [1] Group 1: Company Performance - Li Ning has developed the Li Ning YOUNG and Li Ning China brands to align with youth culture trends [1] - The company has improved retail discount rates in both offline and e-commerce channels [1] Group 2: Market Outlook - Despite intense market competition, growth is recovering, prompting DBS to raise the target price from HKD 17.4 to HKD 19.5 per share, based on a rolling 12-month P/E ratio of 16 times [1] - Sales for Li Ning are expected to grow modestly by 1% and 6% in the fiscal years 2025 and 2026, driven by stable growth in running and outdoor apparel categories, as well as investments related to the 2026 Winter Olympics in Milan [1] - The growth in the sports lifestyle segment is stabilizing [1] Group 3: Comparative Valuation - The revised target P/E ratio of Li Ning is compared to global peers, which are forecasted to have P/E ratios of 24 times and 19.9 times for the fiscal years 2025 and 2026, respectively [1] - The rating for Li Ning is set at "Buy" [1]

Group 1 - The core viewpoint of the report is that Li Ning's sales are expected to grow modestly by 1% in fiscal year 2025 and by 6% in fiscal year 2026, driven by stable growth in the running and outdoor apparel categories, as well as investments related to the 2026 Winter Olympics in Milan [1] - The growth in the sports lifestyle segment is stabilizing, indicating a positive trend for the company's overall performance [1] - The target price for Li Ning has been raised from HKD 17.4 to HKD 19.5, with a "Buy" rating assigned by the bank [1]

Core Viewpoint - Li Ning's stock has risen over 5%, currently leading the blue-chip stocks, indicating positive market sentiment and confidence in the company's future growth [1] Group 1: Stock Performance - As of the report, Li Ning's stock price increased by 5.06%, reaching HKD 17.86, with a trading volume of HKD 656 million [1] Group 2: Shareholding and Investment Insights - Guotai Junan Securities recently reported that Li Ning has cumulatively increased its shareholding by 51.79 million shares by 2025, amounting to approximately HKD 809 million, raising its ownership stake from 10.57% to 13.08% [1] - This increase represents the largest shareholding boost since 2006, reflecting Chairman Li Ning's commitment to the company's development and confidence in its future [1] Group 3: Company Strategy and Outlook - The company is actively enhancing its products, channels, and marketing strategies [1] - The report suggests that Li Ning currently offers a high valuation-to-price ratio, and the improvement in operational trends is expected to lead to a "Davis Double" effect [1] - The recommendation to maintain a "Buy" rating indicates a positive outlook for the company's performance [1]

消息面上，国金证券近期研报指出，2025年李宁通过非凡领越累计增持5179万股，总金额约8.09亿港 元，持股比例由10.57%提升至13.08%，为2006年以来增持幅度最大一年，显示出董事长李宁本人对公 司发展的重视与公司未来发展的信心。此外，公司产品、渠道、营销调整持续发力。该行认为，李宁目 前估值性价比较高，看好经营趋势改善带动戴维斯双击。维持"买入"评级。 智通财经APP获悉，李宁(02331)涨超5%，暂领升蓝筹。截至发稿，涨5.06%，报17.86港元，成交额6.56 亿港元。 ...

8月21日，李宁将披露2025财年中报。 本文源自：金融界 8月14日，李宁(02331)盘中上涨5.29%，截至11:09，报17.9元/股，成交3.88亿元。 李宁有限公司是一家专业运动用品品牌，拥有完善的研发、设计、制造、市场、品牌营销、经销及零售 运营能力，主要经营李宁品牌专业及休闲运动鞋、服装、器材和配件产品业务。该公司已在全球建立起 领先的多渠道销售网络和供应链管理体系，2020年市值超过千亿港元，是第一家在港股上市的中国内地 体育用品企业。 截至2024年年报，李宁营业总收入286.76亿元、净利润30.13亿元。 作者：行情君 ...

港股体育用品股普遍上涨，其中，安踏、李宁均上涨超3%，特步国际涨近2%，裕元集团、361度、滔 搏皆有涨幅。 | 代码 | 名称 | 最新价 | 涨跌幅 √ | | --- | --- | --- | --- | | 02020 | 安踏体育 | 93.050 | 3.39% | | 02331 | 李宁 | 17.560 | 3.29% | | 01368 | 特步国际 | 5.730 | 1.78% | | 02368 | 鹰美 | 4.050 | 1.25% | | 00551 | 裕元集团 | 13.360 | 0.60% | | 01361 | 361度 | 5.800 | 0.69% | | 06110 | 溜搏 | 3.140 | 0.32% | 消息上，里昂发表研究报告指，留意到内地运动服饰品牌持续扩大市占率，上半年销售按年增长 4.2%，优于服装及配饰行业的3.1%增幅。该行首选安踏，将2025至27年销售额预测轻微上调2%，净利 润预测上调1%，目标价由114港元上调至116港元，予"跑赢大市"评级。至于李宁，该行维持"持有"评 级，目标价16港元。同时，该行将特步目标价由5.9港元上调至 ...

李宁公布，公司将于2025年8月21日举行董事会会议，藉以批准发布公司及其附属公司截至2025年6月30 日止六个月的中期业绩公告，以及考虑宣派中期股息。 本文源自：金融界AI电报 ...

Core Viewpoint - Li Ning Company Limited (02331.HK) announced that it will hold a board meeting on August 21, 2025, to approve the release of its interim results for the six months ending June 30, 2025, and to consider the declaration of an interim dividend if applicable [1] Group 1 - The board meeting is scheduled for August 21, 2025 [1] - The meeting will focus on approving the interim results announcement for the six months ending June 30, 2025 [1] - The company will also consider the declaration of an interim dividend during this meeting [1]

李寧有限公司 （於開曼群島註冊成立之有限公司） 股份代號：2331（港幣櫃台）及 82331（人民幣櫃台） 董事會會議日期 李寧有限公司（「本公司」）董事會（「董事會」）謹此公佈，本公司將於2025年8月 21日（星期四）舉行董事會會議，藉以（其中包括）批准發佈本公司及其附屬公司截至 2025年6月30日止六個月的中期業績公告，以及考慮宣派中期股息（如適用）。 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其 準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部份內容 而產生或因依賴該等內容而引致的任何損失承擔任何責任。 LI NING COMPANY LIMITED 香港，2025 年 8 月 11 日 於本公告日期，本公司的執行董事為李寧先生、高坂武史先生和李麒麟先生；本公司的 獨立非執行董事為顧福身先生、王亞非女士、陳振彬博士和王雅娟女士。 承董事會命 李寧有限公司 公司秘書 戴嘉莉 ...

Group 1 - The 12th World Games opened in Chengdu on August 7, showcasing non-Olympic sports and promoting cultural exchange [1] - Li Ning, as the official sportswear partner for the Chinese delegation, designed award outfits that reflect Sichuan culture and environmental technology [1][4] - The theme of this year's World Games is "Unlimited Sports, Diverse Atmosphere," featuring 34 major events including martial arts, rock climbing, and tug-of-war [1] Group 2 - The award outfits incorporate eco-friendly technology, using recycled yarn made from plastic bottles, with each outfit promoting the recycling of over 13 plastic bottles [4] - Li Ning has reused over 190 million plastic bottles in its clothing lines through the use of recycled yarn [4] - The fabric of the award outfits features LNDRY technology for quick-drying and cooling properties, enhancing comfort for athletes [4] Group 3 - Li Ning introduced a creative 3D short film featuring a "Sports Panda" to promote sports participation on China's 17th National Fitness Day [5] - The film showcases various sports while integrating local cultural elements, and Li Ning stores in Chengdu are hosting interactive events for consumers [5] - The award outfits serve as a vibrant representation of Chinese traditional culture and professional environmental technology, embodying the spirit of Chinese athletes [6]