LI NING (02331.HK) +0.040 (+0.250%) Short selling $43.50M; Ratio 18.986% experienced a slowdown in 2Q25 sales, largely in line with market consensus, according to Nomura's research report. Retail sales across all channels grew approximately 1% YoY, with DTC channel sales recording a mid-single-digit decline. Meanwhile, wholesale and online channel sales grew by low single-digit and mid-single-digit percentages each, both slowing down from 1Q25.Related NewsCiti: LI NING's 2Q Retail Sales Growth in LineAlthough the slowdown in LI NING's 2Q25 sales was anticipated, management remains cautious about maintaining sales trends and protecting profit margins in 2H25, Nomura added. Therefore, the broker reiterated rating at Neutral for LI NING, with a target price of $16.2. (HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-07-17 12:25.)