Unlock stock picks and a broker-level newsfeed that powers Wall Street. Upgrade Now OTC Markets OTCPK - Delayed Quote • USD Li Ning Company Limited (LNNGY) Follow Compare 50.70 -0.19 (-0.37%) At close: April 1 at 4:00:00 PM EDT All News Press Releases SEC Filings Li Ning Brand Eyes Overseas Growth Chinese sportswear and footwear brand Li Ning has formed a joint venture to power growth and expand operations beyond Mainland China. Li Ning feels the lethargy from China's consumption slowdown as first-half profit slips 8% Chinese sportswear giant Li Ning hopes to "ride the wave" of the Paris Olympics in an effort to attract more customers, after posting an 8 per cent profit decline amid an uncertain economic outlook. The Beijing-headquartered company posted a profit of 1.95 billion yuan (US$217.7 million) for the six months ended June, according to a filing to the Hong Kong stock exchange on Friday. Revenue rose 2.3 per cent year on year to 14.3 billion yuan. The country's biggest sportswear manufacturer lowered Performance Overview Trailing total returns as of 4/2/2025, which may include dividends or other distributions. Benchmark is HANG SENG INDEX (^HSI) Return LNNGY HANG SENG INDEX (^HSI) YTD -2.89% +15.67% 1-Year -22.07% +37.04% 3-Year -74.56% +5.28%