China's Li Ning rises most in over 3 months as key shareholder buys shares

Viva Goods

20/06/2025 03:59

** Shares of Chinese homegrown sportswear group Li Ning Co Ltd 2331.HK rise 4% to HK$15.6, on course for their biggest one-day gain since March 14

** Key shareholder Viva Goods 0933.HK said its unit had bought an aggregate 18.1 million Li Ning shares between January 10 and June 19 for a total of HK$275 million ($35.03 million)

** ViVa shares gain 1.5% to HK$0.345

** Hang Seng Consumption Index .HSCGSI adds 0.1%, Hang Seng Index .HSI rises 1%

** YTD, Li Ning stock down 6.1%

($1 = 7.8498 Hong Kong dollars)

(Reporting by Donny Kwok)

((donny.kwok@thomsonreuters.com))