bearish

Li Ning

Li Ning (2331 HK):  Update On The Name Given Potential Privatization News

785 Views12 Mar 2024 22:57
According to public news today afternoon during trading hours, the founder and biggest shareholder of Li Ning (2331 HK), Mr. Li Ning, is mulling privatizing the public company.
Boomeranged on Thu, 13 Jun 2024 14:22
Share price on a downward momentum, likely due to bearish feedback from certain distributors on recent trends. I believe the company's target of mid-single-digit sales growth and low-teens net profit margin in 2024 will be very difficult to achieve.
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Steve Zhou, CFA
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Consumer Discretionary & Consumer StaplesEquity Bottom-UpThematic (Sector/Industry)
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