CMB International raises Li Ning's target price to HKD 16.25, maintaining a "Neutral" rating.

Jin10 reported on April 11 that CMB International has raised the target price for Li Ning (02331.HK) to HKD 16.25, maintaining a "Neutral" rating. The reason is that foot traffic has not shown significant recovery, and there is a lack of notable catalysts in the short term. The relatively conservative financial guidance reflects a cautious attitude towards the future.

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