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24/08/2025
Britain: Criminals will face bans on attending football matches, travelling, entering clubs and bars.
Latest
2 m ago
Guosen Securities research report stated that Li Ning still faces marketing cost pressure in the short term, but operating efficiency is improving, and mid-term sales growth is expected to accelerate, driving profit recovery. In the first half of 2025, the company achieved steady performance in a challenging operating environment, especially with a good profit performance after excluding non-recurring items. In the second half of the year, additional costs will be incurred due to resources invested in cooperation with the China Olympic Committee, but these will gradually be converted into sales driving force in the future. We maintain profit forecasts for the company, expecting the company's net profit attributable to the parent company to be 25.1/28.3/30.4 billion yuan in 2025-2027, with year-on-year changes of -16.6%/12.5%/7.7%. We are optimistic about the company's current healthy operating foundation and the potential for brand growth acceleration through future marketing efforts, raising the target price to 21.1-22.3 Hong Kong dollars, corresponding to a 2026 PE of 18-19x, and maintaining an "outperform the market" rating.
2 m ago
Guotai Junan Securities: Li Ning still faces pressure from marketing expenses in the short term, but operating efficiency is improving. Maintain "outperform market" rating.
5 m ago
Sun Yat-sen University's 6000-meter class deep-sea unmanned remotely operated vehicle successfully completed its first deep-sea test in the South China Sea.
13 m ago
Guosheng Securities: Supply and demand are booming, optimistic about the rising prices of yellow chickens.
15 m ago
The four major state-owned banks, as well as large banks such as China Merchants Bank, will announce their interim financial results on August 29. Securities firms are mainly concerned about the continued narrowing of net interest margins for bank stocks in the second quarter, and the impact this will have on net interest income, as well as the impact of capital injections by the "national team" into banks in the first half of the year on the profit and dividend prospects of banks in the second half of the year.
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