Stock Track | LI NING Soars 5% Intraday on Improved Financial Outlook and Analyst Confidence

Stock Track

01/19

LI NING (02331) surged 5% during Monday's trading session, reflecting renewed investor confidence in the company's financial performance and strategic initiatives.

The rally follows positive analyst reports, including UOB Kay Hian's note highlighting LI NING's potential to exceed revenue guidance due to government subsidies and cost-saving measures. Morgan Stanley and Guosen Securities also pointed to narrowing sales declines, improved inventory-to-sales ratios, and upward revisions to net profit expectations. Puyin International added that the stock could gain further momentum as brand strength recovers.

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