Returns On Capital At Xtep International Holdings (HKG:1368) Have Stalled

Simply Wall StFeb 25 23:50 ET

The Apparel Manufacturing Sector is generally rising, with LI NING (02331) increasing by 3.36%. Institutions expect that apparel manufacturing and export-related companies may encounter opportunities.

Jinwu Financial News | The Apparel Manufacturing Sector has broadly risen, with LI NING (02331) up 3.36%, ANTA SPORTS (02020) up 2.58%, POU SHENG INT'L (03813) up 1.72%, Shenzhou International Group Holdings Limited Unsponsored ADR (02313) up 1.57%, XTEP INT'L (01368) up 1.36%, and TOPSPORTS (06110) up 0.93%. Ping An Securities mentioned that based on the logic of consumer recovery, the firm believes that Apparel Manufacturing and export-related enterprises may welcome opportunities, and that apparel and home goods companies venturing abroad may continue to benefit. Meanwhile, apparel brand companies may welcome a new round of valuation adjustment.

Jinwu Financial NewsFeb 25 21:00 ET

Xtep International Holdings Raises HK$985 Million via Share Placement, Bonds Issue

MT NewswiresFeb 21 05:28 ET

Announcement Highlights | Alibaba's revenue in the last quarter increased by 8% year-on-year; "Snow King" has started its IPO! The stock is priced at HKD 202.5 per share.

In the last quarter, Alibaba's Net income increased by over 300%; CHINA RES POWER's photovoltaic sales volume in January rose by 45%.

cls.cnFeb 20 19:22 ET

XTEP INT'L completed the placement of 90.909 million shares on a "old first, new later" basis and issued 0.5 billion Hong Kong dollars in convertible Bonds.

XTEP INT'L (01368) announced that the placement will be completed on February 12, 2025, and the subscription will be completed on February 20, 2025. According to the terms and conditions of the placement and subscription agreement, the placement agent has successfully sold a total of 90.909 million shares at a placement price of HKD 5.50 per share to no less than 6 subscribers; and on February 20, 2025, a total of 90.909 million new subscription shares (approximately 3.28% of the total issued shares as of the announcement date) will be allocated and issued to the sellers at a subscription price of HKD 5.50 per share. The total issuance amount is HKD 0.5 billion.

新浪港股Feb 20 19:20 ET

[Brokerage Focus] CITIC SEC: The "reciprocal tariff" plan may have expectation differences. The Industry of textile and apparel is concerned about the diversification of production capacity distribution.

Jingwu Financial News | CITIC SEC states that the textile and apparel industry, as one of the sectors focused on trade friction, has already engaged in Trade under different scenarios of the increased tariffs since the second half of last year. However, the bank determines that Trump's latest "reciprocal tariff" proposal contains expectations differences: because it will take into account various countries' tariff rates, market access, trade barriers, and other factors, there may be some differences in the USA's tariff policy towards Southeast Asian and South Asian countries. The bank indicates that from the manufacturing side, leading enterprises are continuously adjusting their production capacities to cope with tariff disturbances, but the differences in tariffs from different origins brought about by the implementation of the proposal may lead to a differentiation in the performance of orders from subcontractors, while if this time is handled by subcontractors.

King Wu Financial NewsFeb 19 19:31 ET