Li Ning Shares Climb Over 4% in Morning Session; Board Meeting Set for November 5 to Consider Special Dividend

Deep News10-27

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Li Ning (02331) rose more than 4% in the morning session. As of press time, the stock was up 4.36%, trading at HK$13.4, with a turnover of HK$268.2 million.

Li Ning disclosed its latest operating conditions for the third quarter of this year after yesterday's market close and announced that it will hold a board meeting on November 5 to consider declaring a special dividend to shareholders.

Guosen Securities believes that the company's current operating fundamentals remain solid, and shareholder returns are worth watching. The board will discuss whether to distribute a special dividend on November 5, providing potential catalysts for medium- to long-term brand development and shareholder returns.

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