361 Degrees sprints ahead of retail rivals with stablecoin exploration
The sportswear seller announced it is researching the potential for accepting stablecoins as payment as Hong Kong experiments with the cryptocurrency type Key Takeaways: 361 Degrees announced it is exploring…
BRIEF: Rising tax burden drags down Li Ning’s first-half profit
Sportswear maker Li Ning Co. Ltd. (2331.HK) announced on Thursday that its revenue for the first half of 2025 rose 3.3% year-on-year to 14.8 billion yuan ($2.06 billion), while its…
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% Key Takeaways: Li Ning’s net profit declined last year,…
When patriotism lights a fire under stocks
The nationalistic forces that boosted ‘Ne Zha 2’ and DeepSeek have also lifted Chinese stocks. But are the gains sustainable after the excitement fades? By Lee Shih Ta The…
BRIEF: Bossini privatization approved, to delist in mid-March
Casual wear retailer Bossini International Holdings Ltd. (0592.HK) said on Monday its shareholders overwhelmingly accepted a privatization offer from Viva Goods Co. Ltd. (0933.HK), a company under sportswear seller Li…
BRIEF: Li Ning returns as sponsor of China’s Olympic delegation
Li Ning Co. Ltd. (2331.HK) has secured rights as the official sportswear partner with the Chinese Olympic Committee for the 2025–2028 period, the Shanghai United Assets and Equity Exchange announced…
Bye bye Bossini? Faded clothing retailer gets a buyout offer
A company controlled by Olympic gold medal gymnast Li Ning has proposed a share swap that would take the well-known but now-struggling retailer private Key Takeaways: Viva Goods, controlled by…