TOPIC

/ company

Li Ning

Li Ning is a Chinese sportswear company founded by Li Ning, who is the company’s chairman and is known in China as the “Prince of Gymnastics” for winning six medals at the 1984 Summer Olympics. Li-Ning’s popularity surged in 2018 after it became the first Chinese sportswear maker to participate in New York Fashion Week, and as younger consumers warmed to the brand's patriotic designs. Besides its core brand, Li Ning also makes and sells products under the Double Happiness (table tennis), AIGLE (outdoor) and Kason (badminton) brands.

Chairman / President

Li Ning

CEO / Managing Director

Li Ning

CFO / Finance Director

Zhao Dongsheng

Industry

Clothing, sportswear

Website

lining.com

Headquarters address

. No. 8 Xing Guang 5th Street, Opto-Mechat, Beijing, Beijing, China

Stock Code

SEHK:2331

Year founded

1989

China-EU relations

Chinese sports brands set sights on European expansion at 2026 Winter Olympics

The Games have become a test case for firms seeking to raise their global profile, highlighting rising ambitions and challenges.

7 Feb 2026 - 4:00PM

Hong Kong stock market

Hong Kong stocks climb as yuan strengthens and investors broaden focus beyond US

13 Jan 2026 - 5:14PM

Hong Kong stock market

Hong Kong stocks rise as Wall Street rally boosts confidence in earnings growth

24 Dec 2025 - 3:48PM

Hong Kong stock market

Hong Kong stocks reverse gains as investors take profits before Christmas break

Losses in tech heavyweights like Kuaishou, Tencent and Xiaomi pull Hang Seng Index lower after advancing in the morning session.

23 Dec 2025 - 5:03PM

Tourists take photos under the Christmas decorations outside the Ocean Terminal in Tsim Sha Tsui. Photo: Jelly Tse

China’s private sector

From swoosh to local: Nike stumbles in China as home-grown rivals close the gap

Nike’s sharp drop in China sales underscores intensifying competition from home-grown brands amid changing consumer tastes.

22 Dec 2025 - 8:30AM

Hong Kong stock market

Hong Kong stocks rebound as investors reassess US rate-cut outlook

Hang Seng Index swings as odds of a US Federal Reserve rate cut in January now stand at nearly 26 per cent.

17 Dec 2025 - 4:39PM

Hong Kong stock market

Hong Kong stocks edge higher as weak jobs data firms up rate-cut bets

Rates traders price in more than 90 per cent probability of a quarter-point reduction next week after private US labour market report.

4 Dec 2025 - 4:45PM

A view of Central on November 14, 2025, shows Exchange Square, the headquarters of Hong Kong’s bourse operator. Photo: Dickson Lee

Mergers & Acquisitions

China’s Anta considers bid for Germany’s Puma amid 62% stock slump: sources

Hong Kong-listed Anta has been working with an adviser to evaluate a bid for Puma and could team up with a private equity firm, sources said.

27 Nov 2025 - 1:51PM

Hong Kong stock market

Hong Kong stocks rise as trade agreement soothes fears on rare earths, chips

Agreement’s annual review framework ‘provides better visibility for the capital markets,’ Bank of America Securities says.

3 Nov 2025 - 4:40PM

Hong Kong stock market

Hong Kong stock rally pauses after 3-week high as Xi-Trump meeting looms

Investors await the high-stakes meeting, while HSBC Holdings posts lower quarterly profit.

28 Oct 2025 - 4:28PM

A view of Exchange Square in Central, home to Hong Kong’s bourse operator, on October 13, 2025. Photo: Jelly Tse

Hong Kong stock market

Hong Kong stocks advance as investors look for signs of easing global tensions

Traders watch closely if ‘scheduled’ talks between Xi and Trump next week could help stabilise markets rattled by geopolitical risks.

23 Oct 2025 - 4:33PM

Hong Kong stocks gain 0.7 per cent after falling by 0.4 per cent earlier on Thursday. Photo: Shutterstock

2025 National Games

Hong Kong athletics boss happy with National Games squad despite missing star

Senior vice-chairman Simon Yeung says local association waiting for answers from Wong Wan-chun, sets athletes personal best aim.

14 Oct 2025 - 5:30PM

Hong Kong Sports Institute

Explainer | Why Hong Kong’s fastest marathon runner was exiled by athletics chiefs

How a sponsorship deal and a switch of accommodation spiralled into a stand-off between Wong Wan-chun and the HKAAA.

20 Sep 2025 - 12:26PM

Hong Kong Sports Institute

Hong Kong’s top marathon runner misses World Championships amid rift with HKAAA

Wong Wan-chun, who was not in Hong Kong team for Olympics and could be absent from National Games, says he has been snubbed by bosses.

23 Sep 2025 - 8:24PM

Wong Wan-chun is not currently part of the Hong Kong athletics team. Photo: Edmond So

Badminton World Federation (BWF)

Crowd hero and cancer survivor Chou Tien-chen’s painful Hong Kong Open defeat

Indian progresses following two dramatic games to seal Sunday final date with mainland China’s Li Shifeng.

13 Sep 2025 - 9:37PM

Chou Tien-chen, here in action at last month’s World Championships, is out of the Hong Kong Open after losing to Lakshya Sen. Photo: AFP

Badminton World Federation (BWF)

Canadian Li on badminton, dim sum and meeting 50 family members in Hong Kong

Michelle Li, who was born in the city, is through to the women’s singles semi-finals at the Coliseum.

12 Sep 2025 - 9:48PM

Hong Kong company reporting season

Li Ning’s interim profit dips 11% amid tough competition in sportswear market

Sportswear maker could use the competition in the highly challenging market to strengthen its core brand, CEO Qian Wei says.

22 Aug 2025 - 4:19PMvideocam

Badminton World Federation (BWF)

Olympic champion Axelsen set to chase record Hong Kong Open jackpot

Tournament returning to Hong Kong Coliseum in September with record prize fund and 20 home competitors.

6 Aug 2025 - 11:12AM

Viktor Axelsen on his way to beating Lei Lanxi in last year’s Hong Kong Open final. Photo: AFP

Hong Kong stock market

Hong Kong stocks surge 1.6% after China’s GDP growth exceeds expectations

The 5.2 per cent GDP growth in the April to June quarter came in above the 5.17 per cent forecast by data provider Wind.

15 Jul 2025 - 4:35PM

Hong Kong stock market

Hong Kong stocks gain as PBOC’s benchmark-rate choice spurs optimism

Stocks pare the week’s losses as central bank’s rate decision hints at sustained recovery in the world’s second-largest economy.

20 Jun 2025 - 4:20PM

E-commerce

Apple, Huawei, Xiaomi lead China’s top-500 ranking of consumer brands, report finds

The rankings were based on domestic consumers’ online purchase behaviour, according to a Peking University report.

22 May 2025 - 9:00PM

The rankings showed Apple with a 100-point score, while Huawei and Xiaomi notched scores of 95.3 and 95.1, respectively. Photo: Shutterstock

Trending in China

China sports brand sparks fury for sidelining dive queen Quan Hongchan in photo

Angry fans of Olympic diving icon accuse brand of ‘opportunism’, sparking wave of product returns.

14 May 2025 - 6:00PM

China economy

Opinion | For Chinese consumers, buying local has become a statement of national pride

What defines China is shifting, from what it makes to how it spends, as consumption becomes an emotional and cultural act.

11 May 2025 - 9:30AMvideocam

Hong Kong stock market

Hong Kong stocks rise as investors await earnings from Chinese banks

HSBC gains 3 per cent to HK$88.35 after first-quarter profit beat estimates, announces US$3 billion share buy-back plan.

29 Apr 2025 - 4:36PMvideocam

Hong Kong stock market

Hong Kong stocks retreat to 4-week low as more Trump tariffs loom

Investor jitters over tariffs set to be unveiled on April 2 outweigh a positive China manufacturing report.

31 Mar 2025 - 4:36PM

People walk past Exchange Square in Central, home of bourse operator Hong Kong Exchanges and Clearing, on March 28, 2025. Photo: Matthew Miller

Consumers

China’s top sportswear maker stumbles in consumption slowdown

The company plans to use the recently concluded Olympics to increase consumer interest in sports and strengthen Li Ning’s brand perception, co-CEO Qian Wei says.

16 Aug 2024 - 6:09PM

Li Ning opened 229 new stores in the first half of the year, taking the total to 7,677. Photo: Getty Images

Hong Kong stock market

Hong Kong take-private deals jump as poor valuations dismay investors

Hong Kong-listed firms have been involved in US$4 billion worth of take-private deals already in 2024, compared with US$1.2 billion for the whole of last year, with investors often dismayed by poor valuations.

14 Mar 2024 - 4:02PM

Hong Kong stock market

China’s ‘gymnastics prince’ Li Ning mulls taking his sportswear firm private

The billionaire entrepreneur and Olympic champion is considering taking his namesake sportswear company private from the Hong Kong stock exchange, four people said, adding to a string of such potential deals in a faltering market.

12 Mar 2024 - 4:40PMvideocam

Help preserve 120 years of quality journalism.

SUPPORT NOW

Li Ning

Chinese sports brands set sights on European expansion at 2026 Winter Olympics

The Games have become a test case for firms seeking to raise their global profile, highlighting rising ambitions and challenges.

Hong Kong stocks climb as yuan strengthens and investors broaden focus beyond US

Hong Kong stocks rise as Wall Street rally boosts confidence in earnings growth

Hong Kong stocks reverse gains as investors take profits before Christmas break

Losses in tech heavyweights like Kuaishou, Tencent and Xiaomi pull Hang Seng Index lower after advancing in the morning session.

From swoosh to local: Nike stumbles in China as home-grown rivals close the gap

Nike’s sharp drop in China sales underscores intensifying competition from home-grown brands amid changing consumer tastes.

Hong Kong stocks rebound as investors reassess US rate-cut outlook

Hang Seng Index swings as odds of a US Federal Reserve rate cut in January now stand at nearly 26 per cent.

Hong Kong stocks edge higher as weak jobs data firms up rate-cut bets

Rates traders price in more than 90 per cent probability of a quarter-point reduction next week after private US labour market report.

China’s Anta considers bid for Germany’s Puma amid 62% stock slump: sources

Hong Kong-listed Anta has been working with an adviser to evaluate a bid for Puma and could team up with a private equity firm, sources said.

Hong Kong stocks rise as trade agreement soothes fears on rare earths, chips

Agreement’s annual review framework ‘provides better visibility for the capital markets,’ Bank of America Securities says.

Hong Kong stock rally pauses after 3-week high as Xi-Trump meeting looms

Investors await the high-stakes meeting, while HSBC Holdings posts lower quarterly profit.

Hong Kong stocks advance as investors look for signs of easing global tensions

Traders watch closely if ‘scheduled’ talks between Xi and Trump next week could help stabilise markets rattled by geopolitical risks.

Hong Kong athletics boss happy with National Games squad despite missing star

Senior vice-chairman Simon Yeung says local association waiting for answers from Wong Wan-chun, sets athletes personal best aim.

.css-sioo19{color:#c79a00;}Explainer | Why Hong Kong’s fastest marathon runner was exiled by athletics chiefs

How a sponsorship deal and a switch of accommodation spiralled into a stand-off between Wong Wan-chun and the HKAAA.

Hong Kong’s top marathon runner misses World Championships amid rift with HKAAA

Wong Wan-chun, who was not in Hong Kong team for Olympics and could be absent from National Games, says he has been snubbed by bosses.

Crowd hero and cancer survivor Chou Tien-chen’s painful Hong Kong Open defeat

Indian progresses following two dramatic games to seal Sunday final date with mainland China’s Li Shifeng.

Canadian Li on badminton, dim sum and meeting 50 family members in Hong Kong

Michelle Li, who was born in the city, is through to the women’s singles semi-finals at the Coliseum.

Li Ning’s interim profit dips 11% amid tough competition in sportswear market

Sportswear maker could use the competition in the highly challenging market to strengthen its core brand, CEO Qian Wei says.

Olympic champion Axelsen set to chase record Hong Kong Open jackpot

Tournament returning to Hong Kong Coliseum in September with record prize fund and 20 home competitors.

Hong Kong stocks surge 1.6% after China’s GDP growth exceeds expectations

The 5.2 per cent GDP growth in the April to June quarter came in above the 5.17 per cent forecast by data provider Wind.

Hong Kong stocks gain as PBOC’s benchmark-rate choice spurs optimism

Stocks pare the week’s losses as central bank’s rate decision hints at sustained recovery in the world’s second-largest economy.

Apple, Huawei, Xiaomi lead China’s top-500 ranking of consumer brands, report finds

The rankings were based on domestic consumers’ online purchase behaviour, according to a Peking University report.

China sports brand sparks fury for sidelining dive queen Quan Hongchan in photo

Angry fans of Olympic diving icon accuse brand of ‘opportunism’, sparking wave of product returns.

.css-1m2rp1p{color:#34b8b5;}Opinion | For Chinese consumers, buying local has become a statement of national pride

What defines China is shifting, from what it makes to how it spends, as consumption becomes an emotional and cultural act.

Hong Kong stocks rise as investors await earnings from Chinese banks

HSBC gains 3 per cent to HK$88.35 after first-quarter profit beat estimates, announces US$3 billion share buy-back plan.

Hong Kong stocks retreat to 4-week low as more Trump tariffs loom

Investor jitters over tariffs set to be unveiled on April 2 outweigh a positive China manufacturing report.

China’s top sportswear maker stumbles in consumption slowdown

The company plans to use the recently concluded Olympics to increase consumer interest in sports and strengthen Li Ning’s brand perception, co-CEO Qian Wei says.

Hong Kong take-private deals jump as poor valuations dismay investors

Hong Kong-listed firms have been involved in US$4 billion worth of take-private deals already in 2024, compared with US$1.2 billion for the whole of last year, with investors often dismayed by poor valuations.

China’s ‘gymnastics prince’ Li Ning mulls taking his sportswear firm private

The billionaire entrepreneur and Olympic champion is considering taking his namesake sportswear company private from the Hong Kong stock exchange, four people said, adding to a string of such potential deals in a faltering market.

Explainer | Why Hong Kong’s fastest marathon runner was exiled by athletics chiefs

Opinion | For Chinese consumers, buying local has become a statement of national pride