The Zhitong Finance App learned that UBS released a research report stating that it will maintain Li Ning's (02331.HK) “buy” rating and a target price of HK$19.4. On November 5, the company announced a special dividend of HK$2.71 (RMB 2.32) per share, totaling approximately HK$7 billion, which is equivalent to a dividend rate of about 18%, far higher than the bank's previous forecast of HK$2 billion. UBS anticipates that the stock price will respond positively to this.

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