Changes in Hong Kong stocks | Sporting goods stocks continue to rise recently, and the introduction of the “15th Five-Year Plan” is expected to drive the upward trend in the entire industry chain

The Zhitong Finance App learned that sporting goods stocks continued their recent rise. As of press release, Li Ning (02331) rose 4.38% to HK$15.25; Anta Sports (02020) rose 4.15% to HK$80.25; Taobo (06110) rose 3.1% to HK$1.33; and 361 degrees (01361) rose 2.4% to HK$4.69.

According to the news, the State Administration of Sports issued a notice on the “Fifteenth Five-Year Plan” for the construction of a strong sports nation. The “Plan” indicates the main development indicators. By 2030, the per capita stadium area will reach about 4 square meters, the proportion of people regularly participating in physical exercise will reach about 40%, the national fitness rate will reach 31.1%, and the total size of the sports industry will exceed 7 trillion yuan. Huachuang Securities pointed out that the policy is being driven significantly from the top down, which is expected to drive demand release and boom in the entire industry chain, including venue facilities, equipment manufacturing, outdoor sports, and event operations.

Notably, Nike is making channel adjustments. Bohai Securities believes that this is beneficial to the sales of domestic local brands to a certain extent. With the support of the “15th Five-Year Plan” sports policy, it is conducive to further promoting the release of domestic related demand and creating a better macro-development environment for local brands.