Li Ning Company Limited (LNNGY)
Market Closed
15 Oct, 08:00 PM
OTC PINK OTC PINK Primary 
XFRA $
40. 95
+0.86
+2.1452%
$
4.16B Market Cap
12.97 P/E Ratio
2.83% Div Yield
299 Volume
0 Eps
$ 40.09
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Li Ning: Watch Upcoming Earnings And New Partnership
Li Ning is still deserving of a Hold rating based on my preview of its H2 2024 results and the evaluation of its recent sponsorship deal. The company's expected growth in revenue and earnings for H2 2024 should be modest, which points to a lack of catalysts in the near future. LNNGY will be China's new Olympics sportswear sponsor, and this is a favorable mid-term development.
Seekingalpha | 1 year ago
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