Li Dian warned, “I fear this is one of the ruses of Zhuge Liang.

李典曰："此恐是诸葛亮之诈谋，不可轻进。"

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But such a plan should proceed with caution, both Li and Yi warned, citing the huge risks involved due to changing resource prices.

但实施这样的计划应该谨慎从事，李教授和伊研究员警告说，由于资源价格的变化会带来很大的风险。

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Li Ning's board warned that higher raw-material prices were a factor for its upcoming soft Numbers, which would see first-half profit fall by as much as 56% from a year earlier.

李宁公司董事会告诫说，原材料价格走高是导致其即将发布的盈利数据疲软的一个因素。其上半年利润同比最多可能下跌56%。

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Cheung Kong didn't respond to requests for comment, but in his twice-yearly news conference on Tuesday, Mr. Li warned that investors, "definitely shouldn't go into property speculation" at this time because of the financial-market volatility.

WSJ: Big Players Cash Out of Hong Kong Property

In footwear related news today, Li Ning warned investors of a likely plunge in profit this year (see related story here).

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