Morgan Stanley: Upgraded Li Ning Price Target to HK$99 Rating Overweight

金十数据2021-06-28

Morgan Stanley issued a report saying that Li Ning's (02331.HK) sales growth led to improved earnings, and its net profit margin is expected to reach 18% by 2023. The company's single-brand strategy is a major factor in its strong operating leverage. Under the high sales base, it is believed that the earnings will still improve in 2022-2023, with a 30% growth, with an overweight rating and a target price increase from 71 yuan to 99 yuan. The bank estimates that LI-NING revenue and retail sales increased by 71% and 80% respectively in the first half, and its gross profit is expected to increase by 3.2 percentage points to 52.7% in the first half, due to reduced discounts and concessions given to distributors....

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招财大佬
2021-06-28
招财大佬
?
梅西点球打飞
2021-06-28
梅西点球打飞
你自己增持去

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The bank estimates that LI-NING revenue and retail sales increased by 71% and 80% respectively in the first half, and its gross profit is expected to increase by 3.2 percentage points to 52.7% in the first half, due to reduced discounts and concessions given to distributors....</p><p><a href=\"http://hk.eastmoney.com/a/202106281975526156_0.html\">Web link</a></div></p>","source":"eastmoney_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Morgan Stanley: Upgraded Li Ning Price Target to HK$99 Rating Overweight</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMorgan Stanley: Upgraded Li Ning Price Target to HK$99 Rating Overweight\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">金十数据</strong><span class=\"h-time small\">2021-06-28 10:38</span>\n</p>\n</h4>\n</header>\n<article>\n<p><div>Morgan Stanley issued a report saying that Li Ning's (02331.HK) sales growth led to improved earnings, and its net profit margin is expected to reach 18% by 2023. The company's single-brand strategy is a major factor in its strong operating leverage. Under the high sales base, it is believed that the earnings will still improve in 2022-2023, with a 30% growth, with an overweight rating and a target price increase from 71 yuan to 99 yuan. The bank estimates that LI-NING revenue and retail sales increased by 71% and 80% respectively in the first half, and its gross profit is expected to increase by 3.2 percentage points to 52.7% in the first half, due to reduced discounts and concessions given to distributors....</p><p><a href=\"http://hk.eastmoney.com/a/202106281975526156_0.html\">Web link</a></div></p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"http://hk.eastmoney.com/a/202106281975526156_0.html\">金十数据</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com///dfscdn.dfcfw.com/download/D25105144290435729860.jpg?op=imageView2&mode=2&width=256&height=256&quality=70&format=png","relate_stocks":{"02331":"李宁"},"source_url":"http://hk.eastmoney.com/a/202106281975526156_0.html","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2146479883","content_text":"摩根士丹利发表报告表示，李宁(02331.HK)销售增长带动盈利改善，预期至2023年其净利润率可达18%。公司的单品牌策略是其强劲经营杠杆的主要因素，在高销售基数下，相信盈利会於2022至2023年仍有改善，录30%增长，予增持评级，目标价由71元升至99港元。　　该行估计，李宁於上半年收入和零售销售分别增71%及80%，上半年毛利料增3.2个百分点至52.7%，因折扣和给予分销商的优惠减少。摩根士丹利指，有多项因素令李宁盈利表现可胜预期，包括强劲的需求、新的公司策略、盈利自2019年以来有良好的往绩。（文章来源：金十数据）","news_type":1,"symbols_score_info":{"02331":1}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":127211076,"gmtCreate":1624850529495,"gmtModify":1703846176488,"author":{"id":"3521547763506220","authorId":"3521547763506220","name":"梅西点球打飞","avatar":"https://static.tigerbbs.com/4d9e9ee5b672c7e226d0fa33581c3ed5","vip":1,"crmLevel":1,"crmLevelSwitch":0,"wearingBadges":[],"idStr":"3521547763506220","authorIdStr":"3521547763506220"},"htmlText":"你自己增持去","listText":"你自己增持去","text":"你自己增持去","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/127211076","repostId":2146479883,"repostType":2,"repost":{"id":"2146479883","kind":"highlight","pubTimestamp":1624847880,"share":"https://ttm.financial/m/news/2146479883?lang=en_US&edition=fundamental","pubTime":"2021-06-28 10:38","market":"hk","language":"zh","title":"Morgan Stanley: Upgraded Li Ning Price Target to HK$99 Rating Overweight","url":"https://stock-news.laohu8.com/highlight/detail?id=2146479883","media":"金十数据","summary":"【摩根士丹利：上调李宁目标价至99港元 评级增持】摩根士丹利发表报告表示，李宁(02331.HK)销售增长带动盈利改善，预期至2023年其净利润率可达18%。公司的单品牌策略是其强劲经营杠杆的主要因素，在高销售基数下，相信盈利会於2022至2023年仍有改善，录30%增长，予增持评级，目标价由71元升至99港元。该行估计，李宁於上半年收入和零售销售分别增71%及80%，上半年毛利料增3.2个百分点至52.7%，因折扣和给予分销商的优惠减少。摩根士丹利指，有多项因素令李宁盈利表现可胜预期，包括强劲的需求、新的公司策略、盈利自2019年以来有良好的往绩。（金十数据）","content":"<p><div>Morgan Stanley issued a report saying that Li Ning's (02331.HK) sales growth led to improved earnings, and its net profit margin is expected to reach 18% by 2023. The company's single-brand strategy is a major factor in its strong operating leverage. Under the high sales base, it is believed that the earnings will still improve in 2022-2023, with a 30% growth, with an overweight rating and a target price increase from 71 yuan to 99 yuan. The bank estimates that LI-NING revenue and retail sales increased by 71% and 80% respectively in the first half, and its gross profit is expected to increase by 3.2 percentage points to 52.7% in the first half, due to reduced discounts and concessions given to distributors....</p><p><a href=\"http://hk.eastmoney.com/a/202106281975526156_0.html\">Web link</a></div></p>","source":"eastmoney_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Morgan Stanley: Upgraded Li Ning Price Target to HK$99 Rating Overweight</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMorgan Stanley: Upgraded Li Ning Price Target to HK$99 Rating Overweight\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">金十数据</strong><span class=\"h-time small\">2021-06-28 10:38</span>\n</p>\n</h4>\n</header>\n<article>\n<p><div>Morgan Stanley issued a report saying that Li Ning's (02331.HK) sales growth led to improved earnings, and its net profit margin is expected to reach 18% by 2023. The company's single-brand strategy is a major factor in its strong operating leverage. Under the high sales base, it is believed that the earnings will still improve in 2022-2023, with a 30% growth, with an overweight rating and a target price increase from 71 yuan to 99 yuan. The bank estimates that LI-NING revenue and retail sales increased by 71% and 80% respectively in the first half, and its gross profit is expected to increase by 3.2 percentage points to 52.7% in the first half, due to reduced discounts and concessions given to distributors....</p><p><a href=\"http://hk.eastmoney.com/a/202106281975526156_0.html\">Web link</a></div></p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"http://hk.eastmoney.com/a/202106281975526156_0.html\">金十数据</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com///dfscdn.dfcfw.com/download/D25105144290435729860.jpg?op=imageView2&mode=2&width=256&height=256&quality=70&format=png","relate_stocks":{"02331":"李宁"},"source_url":"http://hk.eastmoney.com/a/202106281975526156_0.html","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2146479883","content_text":"摩根士丹利发表报告表示，李宁(02331.HK)销售增长带动盈利改善，预期至2023年其净利润率可达18%。公司的单品牌策略是其强劲经营杠杆的主要因素，在高销售基数下，相信盈利会於2022至2023年仍有改善，录30%增长，予增持评级，目标价由71元升至99港元。　　该行估计，李宁於上半年收入和零售销售分别增71%及80%，上半年毛利料增3.2个百分点至52.7%，因折扣和给予分销商的优惠减少。摩根士丹利指，有多项因素令李宁盈利表现可胜预期，包括强劲的需求、新的公司策略、盈利自2019年以来有良好的往绩。（文章来源：金十数据）","news_type":1,"symbols_score_info":{"02331":1}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"}],"isCommentEnd":true,"newsSizeData":{"likeSize":1,"commentSize":2,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.47.0","shortVersion":"4.47.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2146479883","isCrawlerRequest":true}