HK Stock Market Move | sporting goods stocks collectively rise in November, textile and clothing exports improve month-on-month, institutions point out that the operating resilience of the sports shoes and clothing sector is strong.

Sports equipment stocks collectively rose. As of the deadline, YUE YUEN IND (00551) rose 4.46% to HK$17.35; LI NING (02331) rose 4.58% to HK$18.49; 361 DEGREES (01361) rose 3.07% to HK$6.05; XTEP INT'L (01368) rose 2.98% to HK$5.53. Shenwan Hongyuan Group released a research report stating that with the optimization of the Sino-US tariff policy, textile and apparel exports improved month-on-month in November, driving up the export chain's business sentiment. Tracking the recent business performance of various companies, in November, Fengtai/Yuyuan (shoe manufacturing business)/Juyang's revenues decreased year-on-year by -11.8%/-2.4%/+0.5%. Yuyuan and Juyang improved month-on-month, continuing to be optimistic about the opportunities in the sports manufacturing sector brought about by the Nike chain repair. Guosheng indicates that it focuses on brand apparel companies with steady growth or solid turnaround potential. Currently, it recommends TOPSPORTS, a Nike retailer in Greater China, with a solid turnaround potential. In a volatile environment, the sports footwear and apparel sector has strong operating resilience, while also being bullish on the long-term growth prospects of the sector. It recommends quality sports footwear and apparel stocks such as ANTA SPORTS and LI NING.