|Bid||N/A x N/A|
|Ask||N/A x N/A|
|Day's range||232.53 - 236.54|
|52-week range||133.00 - 348.89|
|Beta (5Y monthly)||0.59|
|PE ratio (TTM)||50.44|
|Forward dividend & yield||0.80 (0.32%)|
|Ex-dividend date||15 Jun 2021|
|1y target est||N/A|
Chinese sportswear group Li Ning Co Ltd said on Thursday it planned to sell HK$10.5 billion ($1.35 billion) worth of new shares to raise capital for international expansion and for investment in newly launched product categories. The Beijing-based company plans to sell 120 million new shares, or 4.59% of the enlarged share capital, to its major shareholder Viva China Holdings Ltd, it said in a filing to the Hong Kong bourse. Its stake in Li Ning will be diluted to 10.37% from 10.87% after the deal.
Li Ning Co. (LNNGY) could be a great choice for investors looking to make a profit from fundamentally strong stocks that are currently on the move. It is one of the several stocks that made it through our "Recent Price Strength" screen.
Li Ning Co. (LNNGY) made it through our "Recent Price Strength" screen and could be a great choice for investors looking to make a profit from stocks that are currently on the move.