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Macquarie: Under the tariff scenario, the local brands in the sportswear industry are entering a phase of Global Strategy opportunities.
The bank stated that the issue of overcapacity in China's athletic shoe production is controllable, and is bullish on local brands in China, with ANTA SPORTS (02020) being the first choice.
XTEP INT'L To Go Ex-Dividend On May 7th, 2025 With 0.095 HKD Dividend Per Share
April 29th (Beijing Time) - $XTEP INT'L(01368.HK)$ is trading ex-dividend on May 7th, 2025.Shareholders of record on May 8th, 2025 will receive 0.095 HKD dividend per share on June 30th, 2025. The ex-
Port City Quick Look | The three major Indexes showed mixed results, with the Tech Index rising by 0.12%; Consumer stocks were strong throughout the day, with Gu Ming increasing by over 11%, and POP MART rising by over 12%, continuing to hit new highs.
Network Technology stocks weakened, JD-SW rose by 2.18%, NTES-S dropped by 0.85%; Lithium Battery stocks weakened, BYD Electronics fell by 8.49%, BYD Co. Ltd. decreased by 3.98%; Auto stocks declined, Guangzhou Automobile Group fell by 4.83%, BYD Co. Ltd. dropped by 3.98%.
Hong Kong stocks moving丨XTEP INT'L rose about 8% to reach a new high this month. The first quarter operations in mainland China met expectations and were Bullish on by multiple Institutions.
Glory Exchange, April 28 | XTEP INT'L (1368.HK) opened high and rose, reaching a peak increase of 7.96% to HKD 5.29 in the afternoon, with the stock price hitting a new high for the month; trading volume was HKD 93.4 million, with the latest Market Cap approximately HKD 14.7 billion. In terms of individual stocks, XTEP recently announced the operational status of its first quarter in mainland China, during which the retail sales of its main brand (including online and offline channels) achieved mid-single-digit year-on-year growth; retail discount levels were between 70% and 75%; inventory turnover across channels was about 4 months. Saucony continued to perform strongly, with its retail sales (including online and offline channels) achieving a year-on-year increase of over 40%. JPMorgan believes that XTEP...
Market Update | XTEP INT'L surged over 7% in the afternoon, with strong retail momentum in the first quarter. Management believes the impact of tariffs is limited.
XTEP INT'L rose over 7% in the afternoon, with a gain of 7.35% as of this report, priced at 5.26 HKD, with a trading volume of 77.621 million HKD.
XTEP INT'L (01368.HK) Key Recommendation Report: The number one running brand in China, with expected market expansion and mental growth.
Investment highlights: 1. The logic of a single sentence is that running has become the number one leader in the domestic market, with market expansion combined with mental drivers leading to a volume increase beyond expectations. 2. The logic beyond expectations is that the number of running enthusiasts and serious runners in the country is growing rapidly, and the continuous improvement in brand perception is driving Xtep's brand revenue beyond expectations.