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China National Commercial Information Center: In September, the retail sales of sportswear in key large retail enterprises nationwide decreased by 10.56% year-on-year.
On November 28, the China National Commercial Information Center released the sales analysis for sportswear brands in September 2024.
Hong Kong stocks closed (11.26) | Hang Seng Index rose by 0.04%. Shipping, autos, export stocks are under pressure. Some consumer stocks are showing active performance.
Hong Kong stocks opened lower this morning and then moved higher. The Hang Seng Index rose more than 140 points in early trading, but later lost momentum. In the afternoon, the three major indices successively turned downwards, with only the Hang Seng Index closing slightly higher in the end.
Stock market unusual movement | Shenzhou International Group Holdings Limited Unsponsored ADR (02313) fell nearly 5%. Institutions indicate that the usa tariff policy poses limited downward risk to it, expecting sales to rebound next year.
Shenzhou International Group Holdings Limited Unsponsored ADR (02313) fell nearly 5%, as of the time of writing, it is down 4.87%, priced at 58.6 HKD, with a transaction volume of 0.159 billion HKD.
Hong Kong stocks fluctuated, as Trump plans to impose a 10% tariff on commodities from China, leading to a drop of over 7% in techtronic ind.
On November 26, Glonghui reported that Trump will impose a 10% tariff on chinese commodities, causing the stock prices of export-oriented companies in the Hong Kong stock market to decline. Among them, techtronic ind (0669.HK) once fell more than 7%, and shenzhou international group holdings limited unsponsored adr (2313.HK) dropped nearly 4%. On the news front, the elected president of the usa, Trump, posted on TRUTH SOCIAL, stating that the usa will impose more tariffs on major trading partners. Trump indicated that a 10% tariff will be imposed on chinese commodities and a 25% tariff on all commodities from Mexico and Canada. (Glonghui)
Ping An Securities: Sports and outdoor activities will become a focus of the optional consumer industry recovery. Pay attention to the industry leader hakuba stock.
Based on the optional consumer repair logic, the sports outdoor track will become a key industry for the repair of the consumer industry.
Guosen: Weak recovery of end demand in textile manufacturing, focus on companies improving capacity layout.
Currently, the optimization of brand inventory has led to a rebound in sector orders and an improvement in capacity utilization, driving many companies to achieve better-than-expected performance.
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