Key Developments: Li Ning Co Ltd (2331.HK)

2331.HK on Hong Kong Stock

4.56HKD
25 Jul 2014
Price Change (% chg)

HK$0.07 (+1.56%)
Prev Close
HK$4.49
Open
HK$4.46
Day's High
HK$4.57
Day's Low
HK$4.46
Volume
5,732,000
Avg. Vol
4,849,288
52-wk High
HK$7.76
52-wk Low
HK$4.25

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Latest Key Developments (Source: Significant Developments)

Li Ning Co Ltd gives H1 2014 net loss outlook
Thursday, 17 Jul 2014 04:54am EDT 

Li Ning Co Ltd:Says based on the information currently available.The group expects to record an increase in the net loss for H1 2014 as compared to that for H1 2013.Based on its preliminary review of unaudited consolidated management accounts of the group, it estimates that the loss will be no less than 550 million Yuan.  Full Article

Li Ning Co Ltd does not propose final dividend
Monday, 24 Mar 2014 12:00am EDT 

Li Ning Co Ltd:Says the Board did not propose final dividend for the years ended Dec. 2013 and 2012.  Full Article

Li Ning Co Ltd Does Not Declare Interim Dividend
Sunday, 11 Aug 2013 06:09pm EDT 

Li Ning Co Ltd announced that the board resolved not to declare interim dividend for the six months ended June 30, 2013.  Full Article

Li Ning Co Ltd Appoints Chief Financial Officer
Thursday, 18 Apr 2013 04:33am EDT 

Li Ning Co Ltd announced the appointment of Mr. Tsang, Terence Wah-Fung (Mr. Tsang) as the Chief Financial Officer (CFO) effective April 18, 2013. As the Chief Financial Officer, Mr. Tsang will head the Finance Department and assume full responsibility for the financial and treasury functions of the Company as well as Investor Relations.  Full Article

Li Ning Co Ltd Does Not Declare Final Dividend
Monday, 25 Mar 2013 06:04pm EDT 

Li Ning Co Ltd announced that the Board resolved not to distribute any final dividend for the year ended December 31, 2012 (2011: nil).  Full Article

Li Ning Co Ltd Aims To Raise $241 Million In Offering-DJ
Thursday, 24 Jan 2013 08:16pm EST 

Dow Jones reported that Li Ning Co Ltd aims to raise up to HKD1.87 billion (USD241 million) though the sales of convertible securities to help freshen up its brand amid slumping sales. The Company in the statement it will raise between HKD1.85 billion and HKD1.87 billion through convertible securities. The funding will be used to buy back inventory, support company partners and revitalize the Li Ning brand, the statement said. TPG Group and Viva China Holdings Ltd. will underwrite the convertible securities, the statement said.  Full Article

Li Ning Co Ltd gives FY 2012 earnings guidance
Sunday, 16 Dec 2012 05:06pm EST 

Li Ning Co Ltd:Says that it will record substantial loss for FY 2012.  Full Article

Li Ning Co Ltd Sells 25% Stake For $175 Million to Viva China Holdings Ltd-Reuters
Tuesday, 16 Oct 2012 11:49pm EDT 

Reuters reported that Li Ning Co Ltd plans to sell a 25% stake in China's sportswear group to his talent management firm Viva China Holdings Ltd for $175 million.  Full Article

Li Ning Co Ltd Announces Resignation Of CFO
Thursday, 11 Oct 2012 06:33pm EDT 

Li Ning Co Ltd announced that Mr. Chong Yik Kay has resigned as an Executive Director and Chief Financial Officer (CFO) of the Company with effect from November 1, 2012 due to pursuit of his other career development.  Full Article

Li Ning Co Ltd Does Not Declare Interim Dividend
Wednesday, 29 Aug 2012 05:06am EDT 

Li Ning Co Ltd announced that its Board has resolved not to declare interim dividend for the six months ended June 30, 2012.  Full Article

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