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Hong Kong stocks moved | Sporting Goods stocks rose across the board, with strong support from domestic Sports Industry policies. The textile and apparel Sector is expected to welcome a recovery opportunity.
Stocks of Sporting Goods collectively rose; as of the time of writing, POU SHENG INT'L (03813) increased by 8.47%, trading at HKD 0.64; TOPSPORTS (06110) rose by 7.3%, trading at HKD 3.97; LI NING (02331) gained 4.84%, trading at HKD 18.64.
[Brokerage Focus] CITIC SEC: The textile and apparel Sector is expected to迎来修复性机会 in 2025.
Jinwu Financial News | CITIC SEC stated that with the gradual clarification of the consumer environment and policy expectations, the textile and apparel Sector is expected to welcome a recovery opportunity in 2025. At the same time, in the face of the uncertainty of the consumer environment over the past two years, some sub-sectors and leading companies are still actively seeking change. The firm recommends proactively grasping the following six major investment lines and key companies: ① Transformation of new retail formats; ② Brand momentum entering an upward cycle; ③ Recovery of the consumer environment driving operational recovery; ④ Core advantages solidified, external disturbances such as tariffs gradually taking effect, while dividend yields remain attractive; ⑤ The inventory destocking in the outdoor manufacturing industry is nearing its end, and Order performance is expected to recover with certainty.
361 Degrees International (HKG:1361) Is Experiencing Growth In Returns On Capital
Guosen: Changes in competitive trends of sports brands for 2024 and outlook for 2025.
Against the backdrop of a continued increase in domestic residents' participation in sports, the advantages of functional product growth are expected to continue, with brands that have product word-of-mouth effects and Technology upgrades benefiting from growth dividends.
361 Degrees International's (HKG:1361) Five-year Earnings Growth Trails the 31% YoY Shareholder Returns
361 Degrees International Announces Upcoming Board Meeting