Goldman Sachs: Li Ning (02331.HK) Q3 operations in line with expectations; proposed special dividend is a positive surprise

Zhitong Finance APP has learned that Goldman Sachs released a research report stating that Li Ning's (02331.HK) third-quarter operational update and recent comments are broadly in line with the bank's and market expectations. The proposed special dividend is a positive surprise and could become a catalyst for the share price. The bank maintains a "Buy" rating and a 12-month target price of HK$19.5.