The sporting goods sector in Hong Kong stocks rose collectively today. As of press time, Li Ning (02331) rose 6.57% to HK $80.3, with a turnover of 589 million, leading the sector. Anta sports (02020) rose 5.06% to HK $122.4, with a turnover of 343 million. Tebu International (01368) rose 4.02% to HK $14.48, with a turnover of 131 million. Taobo (06110) rose 1.43%, Bosideng (03998) rose 1.06%, and China trend (03818) rose 1.54%.
On the news side, Huaan Securities Co.Ltd(600909) released a research report that the valuation of brand clothing continued to fall under the repeated exogenous impact of the epidemic. The bank believes that with the Winter Olympics approaching, it is expected to drive high-end sports shoes and clothing enterprises to benefit, and the market share and penetration of domestic brands are expected to continue to improve. At present, the left layout can be appropriate. The overall prosperity of the follow-up sector needs to wait for the epidemic and the landing of economic catalysis.
