Jefferies Expresses Increased Optimism Towards China's Sportswear Sector, Projects Over 5% Retail Sales Growth Year-to-Date

Stock News
昨天

Jefferies has issued a research report indicating a more positive outlook on China's sportswear industry. Despite unseasonably warm winter conditions, retail sales during the Lunar New Year holiday period likely exceeded expectations. The firm attributes this robust performance to government subsidy programs, changes in the timing of the holiday, and growing popularity of outdoor sports. Jefferies forecasts that year-to-date retail sales have increased by more than 5% compared to the same period last year, marking a significant acceleration from the flat performance seen in the fourth quarter of last year, though discount rates have worsened compared to a year ago. Overall, the firm views the results as a positive surprise, particularly given the warm weather. Following recent guidance adjustments, Jefferies has observed that ANTA SPORTS (02020) operations are showing signs of stabilization, driven by a low base of comparison, store optimization, and improved discount management. The firm maintains a target price of HK$95 and a "Hold" rating on the stock. Additionally, Jefferies has assigned LI NING (02331) a target price of HK$48 with a "Buy" rating.

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10