• Like
  • Comment
  • Favorite

Li Ning Could Continue Facing Headwinds This Year -- Market Talk

Dow Jones03-31

0701 GMT - Li Ning could continue facing headwinds this year, Nomura analysts write in a note, as they downgrade the stock's rating to neutral from buy. The Chinese sportswear company's running segment could see more intensified competition this year, despite gaining more market share and increasing its retail sales by 25% on year last year, they say. As more global and domestic players increase their product launches and marketing efforts, there could be more uncertainties for Li Ning to sustain its retail sales growth, they add. The company's margins could also be weighed by its planned proactive investments in marketing and research and development, they add. Nomura lowers the stock's target price to HK$17.40 from HK$20.30. Shares are at HK$15.88.(amanda.lee@wsj.com)

 

(END) Dow Jones Newswires

March 31, 2025 03:01 ET (07:01 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

empty
No comments yet

7x24

  • 18:08

    Inspire Veterinary Partners Inc - Employment Agreement Provides for Initial Two-Year Term - SEC Filing

  • 18:01

    Defi Development Corporation Adds $9.9M in Solana to Treasury

  • 18:00

    Fed Beige Book: Economic Activity Was Little Changed Since the Previous Report, but Uncertainty Around International Trade Policy Was Pervasive Across Reports.

  • 18:00

    Fed Beige Book: Prices Increased Across Districts, With Six Characterizing Price Growth as Modest and Six Characterizing It as Moderate, Similar to the Previous Report.

  • 18:00

    Fed Beige Book: This Report Was Prepared at the Federal Reserve Bank of Atlanta Based on Information Collected on or Before April 14, 2025.