Li Ning (02331) rose more than 5%, with a cumulative increase of more than 20% this week. As of press release, it rose 5.28% to HK$20.95, with a turnover of HK$172 million.
The Zhitong Finance App learned that Li Ning (02331) rose by more than 5%, with a cumulative increase of more than 20% this week. As of press release, it rose 5.28% to HK$20.95, with a turnover of HK$172 million.
According to the news, Li Ning recently released operating data for the first quarter, and omni-channel retail sales achieved low unit growth over the same period last year. Among them, offline/online units declined in the number of low/ 20-30% growth respectively; retail (direct management) channels obtained medium unit growth; e-commerce virtual store business achieved a low growth of 20%-30%.
Anxin International pointed out that the company's performance in the first quarter was basically in line with market expectations, and guidelines for the whole year will also be maintained. As inventory levels return to health, the bank believes the company's growth will return to a steady level. With the arrival of the Paris Olympics, the company will also launch a series of marketing activities to raise the brand's voice.