Li-Ning
Li Ning is a manufacturer of athletic apparel and footwear.
Li-Ning, founded in May, 1990 and headquartered in Beijing, is a domestic sporting goods company. The founder is Li Ning. Listed on the HKEX on June 28, 2004, the company's major shareholders are Li Ning Sports (Hong Kong) Limited. Rivals that have direct and indirect competition with Li-Ning include Jordan, Anta, Adidas, Nike, etc.
The SPAC initiated by Li Ning applied to the Hong Kong stock exchange for listing
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Hong Kong sporting goods stocks continued to decline
The sports sector of Hong Kong stocks fell, and Li Ning fell nearly 5%
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"For many high-margin products, even with a 100% tariff, the cost of manufacturing in China is still far lower than local production. Therefore, from a business perspective, high-margin products will become a more prominent focus in cross-border trade. Companies should adjust their strategies to adapt to the new market environment." — Founder of a cross-border brand, interviewed by EqualOcean.
Feb 21, 2025 08:19 PM
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%.
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Hong Kong Sports Goods stocks were strong, with Tebu international up 6.43%