Shenzhou International(2313.HK) fell 4.24%, temporarily the worst-performing blue chip, fell for the third day in a row to HK $191.9, with a total market capitalization of HK $288.5 billion.
Shenzhou International has factories in Vietnam, and the production bases in Vietnam and Cambodia have contributed nearly 40% of the garment production capacity to Shenzhou International in 2020.
In addition, Daiwa published a research report that the resurgence of the epidemic in Southeast Asia is worrying. The bank downgraded Shenzhou's international rating from "buy" to "better than the market", raising its target price by 5% from HK $200 to HK $210.
