专栏咏竹坊

Could consumer stimulus send Li Ning stock vaulting higher?

The sportswear maker’s gross margin rose by 1 percentage point last year as it boosted its dividend payout ratio to 50%

This article only represents the author's own views.

It may be named for one of China’s first Olympic champions, but leading sportswear maker Li Ning Co. Ltd. (2331.HK) was a loser last year, as its stock sank 21% in 2024, even as the broader Hang Seng Index rallied 17%. But strong government support for sports in China could put some spring back into its step, reflected by the com