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TF International: Bullish on Xtep Int'l's financial performance after KP spin-off, maintains 'buy' rating.
TFI released a research report maintaining a "buy" rating on Xtep Int'l (01368), with projected revenues of RMB 16 billion, RMB 17.9 billion, and RMB 19.8 billion for 2024, 2025, and 2026, respectively; net profit attributable to shareholders of RMB 1.21 billion, RMB 1.41 billion, and RMB 1.65 billion; EPS of RMB 0.46/share, RMB 0.53/share, and RMB 0.63/share. The bank is bullish on the company's main brand to maintain its leading position in the market with high-performance cost-effective products. In addition, the financial performance is expected to improve after KP's spin-off, and the business will be more streamlined and focused on the running track. In addition,
Tianfeng International: 361 Degrees' e-commerce channel performance in Q2 24 has seen high growth, maintaining a "buy" rating.
TF International released a research report and maintained a "buy" rating on 361 degrees (01361). It is expected that the company's revenue in 2024-2026 will be RMB 10.09 billion, RMB 11.69 billion, and RMB 13.45 billion respectively. The net profit attributable to the parent company is expected to be RMB 1.16 billion, RMB 1.42 billion, and RMB 1.61 billion, respectively with corresponding EPS of RMB 0.56/share, RMB 0.69/share, and RMB 0.78/share. The company has made progress in developing e-commerce channels, with high sales growth during the "618" period. The bank is bullish about the company continuing to benefit from the growth of e-commerce channels in the future.
What is the ' Trump trade ' exactly? Is the market really sure?
The previously heated "Trump trade" is cooling down, as Wall Street has realized that the impact of the policies promoted by Trump's campaign may be self-contradictory.
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EZ_moneyOP : taking forever![disappointed 😞](https://static.moomoo.com/nnq/emoji/static/image/img-apple-64/1f61e.png)
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