0254 GMT - Crystal International Group stands to benefit from some initiatives, Daiwa Capital Markets analysts say in a research report. For the Uniqlo brand, the garment manufacturer is doubling down efforts to win wallet share and new product categories, the analysts note. Also, the Hong Kong-listed company is rapidly scaling up the Lululemon and Decathlon brands following vendor consolidation and cross-selling, and is onboarding the Zara brand. Its first self-built fabric mill in Vietnam should start to narrow the company's gross margin gap with peers while its sportswear segment has gained traction among tier-1 brands. Daiwa initiates coverage of the stock with a buy rating and a target price of HK$9.00. Shares are 1.3% lower at HK$6.85. (ronnie.harui@wsj.com)
(END) Dow Jones Newswires
January 11, 2026 21:54 ET (02:54 GMT)
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