SGLININ@EC2612A

Li Ning's Revenue Hits New High in 2025 But Net Profit Continues to Decline for Three Years in a Row

Li Ning Exceeds Expectations with Retail Sales Growth in Q1

CMSI Ups Lining's Rating to 'Outperform' with Price Target Raised

DBS Maintains Buy Rating and Target Price for Li Ning

CICC Maintains Li Ning's Stock Rating and Target Price

CITIC CLSA Analyzes Reasons Behind Li-Ning's Share Price Drop

Li-Ning Achieves Stable Revenue Growth Through Investment in Product Technology and Brand Building

Li Ning Annual General Meeting to Review Financial Statements and Elect Board Members

Li-Ning's Q1 2026 Retail Sales Increased by Mid-Single Digits Year-Over-Year

AliExpress Signs Four Brands for Brand+ Overseas Expansion Program

Li Ning Hopes for High-tech Equipment

Li Ning Reports Profit Decline but Sees Share Price Rise

Governor Ye Jianchun of Jiangxi Province Meets with Li Ning, Chairman of Li Ning Group

BOC International Downgrades Sports Footwear and Apparel Industry Outlook

BlackRock's holdings in Li-Ning H-shares increased to 6.27%

BlackRock 增持 Li-Ning1,963,792 股

Li Ning Vice President Fengye Emphasizes Trust and Sales Performance on Tmall at Tmall TOPTALK

Significant Growth of Brands During AliExpress UK Anniversary Sale

Li-Ning Group Exceeds Revenue and Profit Expectations in 2025

JPMorgan Raises Rating on Li-Ning to 'Overweight'

DATRONIX HOLD

ALPHA PRO HLDGS

PRODUCTIVE TECH

INVESTECH HLDGS

QIANHAI HEALTH

SHANGSHAN GOLD

KIMOU ENVIRON

GUOXIA TECH

YUXING INFOTECH

HUA HONG SEMI

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CICC has reaffirmed its Buy rating for Li Ning Company (LNNGF), setting a price target of HK$27.50, while the shares closed at HK$20.60. The analyst consensus indicates a Strong Buy rating with an average price target of HK$24.99, suggesting a potential upside of 21.29%. Additionally, DBS also maintains a Buy rating with a price target of HK$26.40.

Tip Ranks

LI NING

CICC

LI NING-R

CICC Sticks to Their Buy Rating for Li Ning Company (LNNGF)

CLSA analyst upgraded Li Ning Company to a Buy yesterday and set a price target of HK$24.00.Claim 30% Off TipRanksUnlock hedge fund-level data and powerful investing tools for smarter, sharper decisions Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks In a report released yesterday, DBS also maintained a Buy rating on the stock with a HK$26.40 price target.

CLSA upgrades Li Ning Company (LNNGF) to a Buy

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UOB Kay Hian analyst maintained a Buy rating on Li Ning Company today and set a price target of HK$24.70.Claim 30% Off TipRanksUnlock hedge fund-level data and powerful investing tools for smarter, sharper decisions Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks In a report released today, DBS also maintained a Buy rating on the stock with a HK$26.40 price target.

China Universal CSI Consumer Staples ETF

China Merchants SSE Consumer 80 ETF

United Overseas Bank (UOB)

UOB Kay Hian Keeps Their Buy Rating on Li Ning Company (LNNGF)

G Sachs reported that LI NINGexperienced mid-single-digit YoY growth in adult retail sales for 1Q, slightly below market expectations. Including a 20% growth in childrenswear, total retail sales rose by high-single-digit YoY. The company met its internal performance expectations and maintained its full-year guidance of high-single-digit sales growth and net profit margin. G Sachs remains positive about LI NING's brand fundamentals and has a Buy rating with a target price of HKD26.7, anticipating favorable consumption trends in the second half of the year.

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Goldman Sachs

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G Sachs: LI NING  1Q Sales Reflect Fundamental Improvement; Maintains Positive View

UBS reported that LI NINGachieved year-on-year growth in its adult brand line and overall retail sales in Q1, meeting expectations. LI NING YOUNG saw over 20% growth. Management anticipates sales acceleration in the second half due to a low base effect and new product/store expansions. UBS maintains a Buy rating with a target price of HKD28.6.

UBS Group AG

ANTA SPORTS

ANTA SPORTS-R

UBS: LI NING 1Q Sales In Line; Mgmt Expects Sales to Accelerate in 2H

CMSI has rated LI NINGas Overweight, noting a mid-single-digit YoY growth in retail sales for 1Q, aligning with the full-year target. Growth was driven by direct-operated and e-commerce channels, while wholesale saw low-single-digit growth. The company anticipates high-single-digit revenue growth for 2026, with a stable net profit margin. CMSI set a target price of HKD23.5 based on a 16.5x mid-2027 forward PE. The impact of rising crude oil prices on costs is expected to be minimal this year, with fluctuations anticipated starting in 1Q27.

CMSC

CMSI Rates LI NING  Overweight; 1Q Retail Sales Growth In Line with Full-Year Target

BABA

Alibaba's AliExpress held a closed-door meeting for brand overseas expansion, where four major brands, including Yushu Technology, ZM, LI NING, and Xtep, signed on to join the "Brand+" super brand overseas expansion plan. Over the past year, "Brand+" has grown by more than 40% on the platform, with the number of brands achieving annual sales exceeding 10 million USD increasing by 64%. The goal is to assist 2,000 Chinese brands in doubling their overseas scale this year

AASTOCKS

Alibaba

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XTEP INT'L

BABA-WR

Alibaba HK SDR 5to1

According to reports, Yushu, LI NING, and others have joined Alibaba's AliExpress "Brand+" overseas expansion plan

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CHIQ

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Citi released a report indicating that in the performance of the Chinese consumer sector in 2025, 37% of companies exceeded expectations, 43% met expectations, and 20% fell short of expectations. Despite investors holding a positive attitude towards the sector, factors such as the Middle East conflict and cost inflation have affected market sentiment. Citi is optimistic about the recovery of companies like Mengniu, ANTA Sports, and HAIDILAO. If risk appetite exceeds expectations, companies like POP MART and LI NING are expected to perform strongly

POP MART

HAIDILAO

Global X China Consumer

SPDR FD Consumer Discretionary

Tianhong CSI Food and Beverage ETF

Mengniu Dairy

ChinaAMC CSI Food & Beverage Sub-Industry ETF

China Merchants Guozheng Food and Beverage ETF

SPDR S&P Retail ETF

Hwabao WP CSI Food & Beverage Sub-Industry ETF

MENGNIU DAIRY

Citi: The Chinese consumer sector is optimistic about Mengniu, ANTA, HAIDILAO, and others

Reuters

Nike

Nike's China stumble exposes execution gaps

Orient Securities has maintained a Buy rating on Li Ning Company (LNNGF) with a price target of HK$23.52, while the stock closed at HK$22.00. The analyst consensus for Li Ning is Strong Buy, with a target of HK$24.89, indicating a 13.15% upside. Goldman Sachs also upgraded the stock to Buy with a target of HK$26.70 in a report on March 22.

Li Ning Company (LNNGF) Gets a Buy from Orient Securities

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Major Chinese consumer stocks in Hong Kong surged after strong earnings, but analysts caution against assuming a broad recovery in the consumer market. Mixue Group reported a 35.2% sales increase to 33.56 billion yuan, with shares rising 5.95%. Laopu Gold's revenue soared 221% to 27.3 billion yuan, and its shares jumped 16.11%. Other stocks like Pop Mart and Li Ning also saw gains. Analysts note a shift in consumer behavior towards emotional resonance, while challenges like rising costs in the food and beverage sector persist. The government aims to boost domestic demand amid moderate economic growth targets.

- Major Chinese consumer stocks in Hong Kong surged after reporting strong full-year earnings, though analysts noted these results do not indicate a broad recovery in consumer markets.  
- Notable performers included Mixue Group, which experienced a 35.2% sales increase, and Laopu Gold, which saw a 221% revenue surge, attributed to strong market positions and new products.  
- Analysts highlighted a shift in consumer behavior towards emotional satisfaction, emphasizing the ongoing transformation within the sector while the government aims to boost domestic demand amid economic targets.

SCMP

MIXUE GROUP

LAOPU GOLD

China consumer stocks jump on earnings, but analysts warn of limited recovery

SGLININ@EC2612A(28245.HK)

SGLININ@EC2612A Stock Performance Chart

CICC Sticks to Their Buy Rating for Li Ning Company (LNNGF)

CLSA upgrades Li Ning Company (LNNGF) to a Buy

UOB Kay Hian Keeps Their Buy Rating on Li Ning Company (LNNGF)

G Sachs: LI NING 1Q Sales Reflect Fundamental Improvement; Maintains Positive View

UBS: LI NING 1Q Sales In Line; Mgmt Expects Sales to Accelerate in 2H