BUZZ-Li Ning set for biggest rise in 1-1/2 years on results beat, higher dividend ** Shares of China home grown sportswear group Li Ning 2331.HK jump 13.3% to HK$22.38, on track for biggest one-day pct gain since September 2024
** Stock hit the highest point since March 2, on course to snap two sessions of gains; stock top pct gainer in Hang Seng Index .HSI, which is up 0.2%
** Li Ning posted a 3.2% rise in 2025 revenue to 29.6 bln yuan ($4.30 bln) but a 2.6% drop in net profit
** Co proposes a final dividend of 0.2336 yuan per share vs 2024's 0.2073 yuan
** Nomura, with "neutral" rating on the stock, says FY25 results a marginal beat
** YTD, stock up 18.5%
($1 = 6.8846 Chinese yuan renminbi)
(Reporting by Donny Kwok)
((donny.kwok@thomsonreuters.com))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.