Li Ning Could Face Margin Headwinds -- Market Talk

Dow Jones

2025/07/15

0235 GMT - Li Ning's lukewarm sales trend is likely to continue in 2H, Nomura analysts write in a research note. The Chinese sportswear company's 2Q operating data shows that retail sales across all channels rose by around 1% on year, largely within the market's low expectations, they say. Given the continued uncertainties regarding its sales, Li Ning's margin trajectory will be dragged by factors, including higher marketing costs, they add. Nomura maintains a neutral rating and target price of HK$16.20 on the stock, which is 2.6% lower at HK$15.64.(amanda.lee@wsj.com)

(END) Dow Jones Newswires

July 14, 2025 22:35 ET (02:35 GMT)

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The Chinese sportswear company's 2Q operating data shows that retail sales across all channels rose by around 1% on year, largely within the market's low expectations, they say. Given the continued uncertainties regarding its sales, <a href=\"https://laohu8.com/S/LNNGY\">Li Ning</a>'s margin trajectory will be dragged by factors, including higher marketing costs, they add. Nomura maintains a neutral rating and target price of HK$16.20 on the stock, which is 2.6% lower at HK$15.64.(amanda.lee@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 14, 2025 22:35 ET (02:35 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Li Ning Could Face Margin Headwinds -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLi Ning Could Face Margin Headwinds -- Market Talk\n</h2>\n<h4 class=\"meta\">\n<div class=\"head\" \">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time smaller\">2025-07-15 10:35</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0235 GMT - <a href=\"https://laohu8.com/S/LNNGF\">Li Ning</a>'s lukewarm sales trend is likely to continue in 2H, <a href=\"https://laohu8.com/S/NMR\">Nomura</a> analysts write in a research note. The Chinese sportswear company's 2Q operating data shows that retail sales across all channels rose by around 1% on year, largely within the market's low expectations, they say. Given the continued uncertainties regarding its sales, <a href=\"https://laohu8.com/S/LNNGY\">Li Ning</a>'s margin trajectory will be dragged by factors, including higher marketing costs, they add. Nomura maintains a neutral rating and target price of HK$16.20 on the stock, which is 2.6% lower at HK$15.64.(amanda.lee@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 14, 2025 22:35 ET (02:35 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0048580855.USD","symbol_name":"富達大中華區A","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2551613074","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2551613074","pubTimestamp":1752546900,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0235 GMT - Li Ning's lukewarm sales trend is likely to continue in 2H, Nomura analysts write in a research note. The Chinese sportswear company's 2Q operating data shows that retail sales across all channels rose by around 1% on year, largely within the market's low expectations, they say. Given the continued uncertainties regarding its sales, Li Ning's margin trajectory will be dragged by factors, including higher marketing costs, they add. 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The Chinese sportswear company's 2Q operating data shows that retail sales across all channels rose by around 1% on year, largely within the market's low expectations, they say. Given the continued uncertainties regarding its sales, Li Ning's margin trajectory will be dragged by factors, including higher marketing costs, they add. Nomura maintains a neutral rating and target price of HK$16.20 on the stock, which is 2.6% lower at HK$15.64.(amanda.lee@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  July 14, 2025 22:35 ET (02:35 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}