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Hong Kong stocks movement | TOPSPORTS (06110) fell more than 5% again, the company prioritizes inventory clearance in the short term. Institutions state that there may be inventory improvement recently.
TOPSPORTS (06110) has fallen over 5% again, as of the time of writing, down 4.9%, priced at 3.3 Hong Kong dollars, with a transaction volume of 0.163 billion Hong Kong dollars.
Citi Upgrades Topsports International Holdings to Buy From Neutral; Price Target Is HK$4.50
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.
A Look At The Fair Value Of Topsports International Holdings Limited (HKG:6110)
【Brokerage Focus】BOCOM INTL 2025 Consumer Trend Analysis: Consumer structure further optimized and upgraded.
Jinwu Finance | BOCOM INTL released the 2025 Consumer Trend Analysis. From the beginning of 2025 to now, the consumer market has exhibited new trends different from previous years, with further optimization and upgrading of the consumption structure. 1) The popularity of Sports consumption is rising, especially noticeable in lower-tier markets. Consumers' focus on sports and health continues to increase, and this trend is particularly evident in lower-tier markets. Over 70% of stores located in lower-tier cities, such as 361 DEGREES, achieved double-digit year-on-year sales growth during the Spring Festival, indicating that Sports consumption is rapidly penetrating into lower-tier cities. 2) The combination of traditional culture and modern consumption presents an opportunity for Chinese IP to go Global. Traditional cultural elements...
[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.
