Changes in Hong Kong stocks | Sporting goods stocks rose collectively, textile and garment exports improved month-on-month in November, institutions say the sports footwear sector is resilient

The Zhitong Finance App learned that sporting goods stocks rose collectively. As of press release, Yuyuan Group (00551) rose 4.46% to HK$17.35; Li Ning (02331) rose 4.58% to HK$18.49; 361 (01361) rose 3.07% to HK$6.05; and TEP International (01368) rose 2.98% to HK$5.53.

Shen Wan Hongyuan released a research report saying that with the optimization of tariff policies between China and the US, textile and garment exports improved month-on-month in November, which led to a recovery in export chain prosperity. Tracking the recent monthly turnover of various companies, Fengtai/Yuyuan (footwear business) /Juyang's revenue was -11.8%/-2.4%/+0.5% in November. Yuyuan and Juyang improved month-on-month, and they continue to be optimistic about the sports manufacturing sector layout opportunities brought about by Nike chain restoration.

Guosheng Securities, on the other hand, said that branded apparel focuses on steady growth or high-quality individual stocks with reverse logic. Currently, the focus is on recommending Nike retailers in Greater China with reverse logic; the sportswear sector has strong business resilience in a volatile environment. At the same time, they are optimistic about the long-term growth of the sportswear sector, and recommend Anta Sports and Li Ning, which are high quality standards in the sportswear sector.