0748 GMT - Li Ning may need new catalysts for a stock revaluation, according to Nomura analysts in a research note. Nomura sees a more visible sales growth trajectory for Li Ning than for its peers, driven by a potential recovery in its sports-leisure segment and improved brand perception from its sponsorship of the Chinese Olympic Committee. However, these drivers are largely priced in, the analysts say. China's running market is also highly competitive, they note. Nomura maintains a neutral rating on the stock with a target price of HK$23.40. Shares last traded at HK$19.76.(tracy.qu@wsj.com)
(END) Dow Jones Newswires
April 23, 2026 03:48 ET (07:48 GMT)
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