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Li Ning

China’s Li Ning feels the pain from consumption slowdown as first-half profit slips 8%

by Anas Siddiqui
China’s Li Ning feels the pain from consumption slowdown as first-half profit slips 8%

Chinese sportswear giant Li Ning hopes to “ride the wave” of the Paris Olympics in an effort to attract more customers, after posting an 8 per cent profit decline amid …

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Hong Kong stocks up, halt 3-day decline; Henlius soars by over a fifth on buyout plan

by Anas Siddiqui
Hong Kong stocks up, halt 3-day decline; Henlius soars by over a fifth on buyout plan

Hong Kong stocks up, halt 3-day decline; Henlius soars by over a fifth on buyout plan Hong Kong stocks rose, snapping a three-day losing streak, as investors rummaged for bargains …

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In China, a search for identity boosts Lululemon, premium sportswear brands

by David Johnson
In China, a search for identity boosts Lululemon, premium sportswear brands

By Reuters Published Jun 11, 2024 Premium sportswear brands are enjoying robust growth in China as they take to directly courting their main customers, posing yet another setback to megabrands …

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Hong Kong stocks: lack of earnings momentum risks derailing sentiment-driven rebound, analysts say

by Anas Siddiqui
Hong Kong stocks: lack of earnings momentum risks derailing sentiment-driven rebound, analysts say

Hong Kong stocks are priced for perfection and vulnerable to shocks, according to analysts. A stream of unimpressive earnings announcements could end the two-month rebound in Asia’s third-largest stock market …

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China’s Olympic gymnast Li Ning mulls buying out his sportswear company as ailing Hong Kong market spurs take-private deals

by Anas Siddiqui
China’s Olympic gymnast Li Ning mulls buying out his sportswear company as ailing Hong Kong market spurs take-private deals

A number of global and regional private equity firms, including TPG, PAG and Hillhouse Investment, have been tapped to see if they are interested in joining as an investor, two …

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Amer Sports, owner of Wilson and Salomon brands, mulls raising up to US$1.8 billion in US IPO, sources say

by Anas Siddiqui
Amer Sports, owner of Wilson and Salomon brands, mulls raising up to US.8 billion in US IPO, sources say

Amer Sports, the maker of Wilson tennis racquets and Salomon ski boots, is seeking to raise as much as US$1.8 billion in a US initial public offering, according to people …

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China price wars help spark US$157 billion rout in mainland consumer stocks, as firms including Alibaba, Yum China and BYD drag the market

by Anas Siddiqui
China price wars help spark US7 billion rout in mainland consumer stocks, as firms including Alibaba, Yum China and BYD drag the market

Gauges of consumer stocks have been the worst performers on the MSCI China Index since the end of September, after the real estate measure. The aggregate market value of companies …

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Mainland China’s Li Ning buys Henderson Land’s Harbour East for US$282 million to house its Hong Kong headquarters

by Anas Siddiqui
Mainland China’s Li Ning buys Henderson Land’s Harbour East for US2 million to house its Hong Kong headquarters

Li Ning, China’s biggest sportswear manufacturer, bought a 25-storey mixed office and retail building in North Point from Henderson Land for HK$2.2 billion (US$282 million), to house its headquarters in …

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