HK Stock Market Move | LI NING (02331) rises over 4%; to hold board meeting on November 5 to consider declaring a special dividend to shareholders.
LI NING (02331) rose over 4%. As of press time, it was up 4.36% at HK$13.4, with a turnover of HK$261 million.
LI NING (02331) rose over 4%, up 4.36% as of press time to HK$13.4, with turnover of HK$261 million.
On the news front, LI NING disclosed its latest operating conditions for the third quarter of this year after market close yesterday and announced that it will hold a board meeting on November 5 to consider declaring a special dividend to shareholders. Guosen believes that the company's current operating fundamentals remain solid and that shareholder returns are worth watching. The board will discuss on November 5 whether to distribute a special dividend, providing a potential catalyst for medium- to long-term brand development and shareholder returns.
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