YUE YUEN IND (00551) saw its shares climb more than 3%. As of the time of writing, the stock was up 3.65%, trading at HKD 16.46, with a turnover of HKD 17.33 million. According to a research report, citing Euromonitor data, the global sports footwear market reached USD 167.7 billion in 2024 and is projected to maintain mid-single-digit growth over the next five years. The global sports footwear brand market is highly concentrated, with the CR10 expected to reach 57% by 2025; the footwear manufacturing industry also exhibits a consolidated structure. YUE YUEN IND is the world's largest sports footwear manufacturer, with its calculated shipment share exceeding 10%, while its subsidiary, Pou Sheng International, is a leading sports footwear and apparel retailer in Greater China. The report further indicated that tariff-related disruptions are likely to diminish by 2026, and the inventory levels of YUE YUEN IND's major brand customers are all at manageable levels. With brands like Nike accelerating product innovation, coupled with the growth of several other high-quality brands, the manufacturing business's revenue is expected to achieve stable growth by 2026. Furthermore, improvements in the ramp-up of previously built new capacity and the resolution of uneven capacity utilization issues are anticipated to lead to a recovery in the manufacturing segment's performance.