News Sharing
For sharing news, please enter the email address of you and the receiver, then press SEND button.*Mandatory Fields
Receiver*
Enter email addresses, separated by semicolon (;). E.g. a@a.com;b@b.com
Your email address*
 Content Sharing
<Research>CMSI Lowers LI NING's TP to HKD22; Signs of Recovery Rising
LI NING (02331.HK)'s retail performance in 3Q25 was mixed but met expectations, CMSI wrote in its research report. While its overall retail sales (excluding Li Ning YOUNG) decl...
Reset
Send
The window will close in 5 seconds
<Research>CMSI Lowers LI NING's TP to HKD22; Signs of Recovery Rising
Close
Recommend
12
Positive
5
Negative
10
 
SHORT SELL
 
STOCK INFO

LI NING (02331.HK)  0.000 (0.000%)    Short selling $156.73M; Ratio 47.841%   's retail performance in 3Q25 was mixed but met expectations, CMSI wrote in its research report. While its overall retail sales (excluding Li Ning YOUNG) declined by a mid-single-digit percentage YoY, its e-commerce business logged high single-digit growth, reflecting more resilient growth momentum in online channels.

LI NING failed to reach the turning point for accelerated revenue growth in 2H25, which CMSI attributed to intense market competition, challenges in the basketball and casual categories, and a still sluggish overall consumption environment.

Related NewsHSBC Research Remains Neutral on Consumer Stocks; 15th FYP May Boost Techs' Rally
That being said, LI NING's continued investment in product innovation, category expansion (such as outdoor and badminton), and brand building (such as Olympic-related efforts) steered the brand in the right direction.

As structural issues are gradually resolved, CMSI expects these initiatives to lay the foundation for LI NING's future performance turnaround.

CMSI has kept an Overweight rating on LI NING but cut its target price from HKD25 to HKD22.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-11-03 16:25.)

AAStocks Financial News
Copyright(C) AASTOCKS.com Limited 2000. All rights reserved.
Disclaimer: AASTOCKS.com Ltd, HKEx Information Services Limited, its holding companies and/or any subsidiaries of such holding companies endeavour to ensure the accuracy and reliability of the Information provided but do not guarantee its accuracy or reliability and accept no liability (whether in tort or contract or otherwise) for any loss or damage arising from any inaccuracies or omissions.