No Data
No Data
This week's bullish stocks in Hong Kong | AI models are in the spotlight! Shangtang's stock price doubled this week; Kewang stocks took the lead, and Kuaishou rose more than 27% weekly
The volume of the three major indices surged this week, and the “beef flavor” is getting stronger. The Hang Seng Index rose more than 13% during the week, while the Hang Seng Index and the State-owned Enterprises Index both rose for five consecutive days.
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.
Li Ning (02331.HK) 24Q1 Logistics Review: Turnover increased slightly, inventory and discounts improved
Key investment points The company released 2024Q1 business data: 1) Li Ning (excluding young): 24Q1 omni-channel retail sales increased by low number of units, same-store sales declined year over year. The turnover performance was better than that of the same store. The main reason was
Anxin International: Maintaining Li Ning's (02331.HK) “Buy” Rating Target Price of HK$28.3
Anxin International released a research report stating that it maintains Li Ning's (02331.HK) “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.
Li Ning (02331.HK): Sales performance is in line with expectations, improved inventory drives tighter discounts
The company released operating data for the first quarter of 2024, and sales performance was in line with expectations. 24Q1 Li Ning's main brand (excluding Li Ning YOUNG) achieved low unit volume growth in retail sales (data from company announcements and public conference calls, same below)
Li Ning (2331.HK): The Q1 streaming level is stable and the discount rate has improved, pay attention to new product sales
Core view 24Q1 Li Ning brand turnover grew at a low level. Direct sales, distribution, and online sales increased at a low level of 20%-30% year-on-year respectively. Looking at the same store, the number of units under direct management decreased and wholesale fell 10%.
No Data