This text is a result of machine translation.
The SPAC initiated by Li Ning applied to the Hong Kong stock exchange for listing
CSC: the short-term growth of sportswear is under pressure, and the long-term boom continues
Hong Kong sporting goods stocks continued to decline
The sports sector of Hong Kong stocks fell, and Li Ning fell nearly 5%
Li Ning: the net profit attributable to the parent company in the first half of the year was 1.962 billion yuan, a year-on-year increase of 187%
Hong Kong sporting goods stocks rose intraday, with Li Ning up more than 11%, Anta Sports up more than 7% and Tebu international up nearly 7%.
AliExpress Partners with Brazilian E-commerce Giant Magalu, Stock Prices Surge
On June 24, 2024, Chinese cross-border e-commerce platform AliExpress(速卖通) announced a strategic partnership with Brazilian e-commerce leader Magazine Luiza (Magalu) to sell AliExpress's "Choice"(优选) series of products. Following this announcement, Magalu's stock price surged by 12%.
Jun 26, 2024 06:32 PM
Hong Kong Sports Goods stocks were strong, with Tebu international up 6.43%
China Merchants Securities (Hong Kong): maintain Li Ning's "buy" rating with a target price of HK $80.7