Mens clothier HLA seeks to cast off stagnation with overseas expansion
The dominant menswear maker has filed for a Hong Kong listing, seeking funds to expand overseas as its growth at home slows and even contracts Key Takeaways: HLA has filed…
BRIEF: Anta, Li Ning consider bids for Puma
Leading sportswear makers Anta Sports Products Ltd. (2020.HK) and Li Ning Co. Ltd. (2331.HK) are considering bids for German sport brand Puma, according to media reports, citing unnamed people familiar…
Seeking a profile boost, Boxihe pivots to Hong Kong IPO
The maker of high-performance outdoor clothing is betting on rising demand for its Pelliot apparel range in China’s still relatively untapped market Key Takeaways: The company’s pre-IPO backers include Tencent…
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…