Li Ning's key shareholder Viva Goods rises on robust first-half outlook

Viva Goods

11/08/2025 04:46

** Shares of Chinese sports centres operator Viva Goods Co Ltd 0933.HK jump 7% to HK$0.61, their highest level since July 25, and on course for a seventh consecutive session of gains

** Stock marks biggest intraday pct gain since July 29

** The major shareholder of China home-grown sports group Li Ning Co 2331.HK expects its first-half net profit to rise not less than 50% y/y due to cost control measures, which resulted in improvement in operating efficiency

** Stock of Li Ning rises 3.5% to HK$17.03, marks biggest intraday pct gain since Jun 20

** Hang Seng Consumption Index .HSCGSI slips 0.2%, while benchmark Hang Seng Index .HSI adds 0.2%

** YTD, Viva stock down 3.3%, while Li Ning up 1.5%

 (Reporting by Donny Kwok)

 ((donny.kwok@thomsonreuters.com))