On May 4, Gelonghui, Li Ning Co. Ltd. and ANTA Sports Products both fell by more than 4%, while Tebu International fell by more than 3%, both by 361 degrees and Bosideng International. Due to repeated epidemics, epidemic prevention policies in some areas have been tightened since March this year. In addition to being affected by offline store closures or passenger flow control, online sales have also stagnated due to logistics and other problems. Market analysts believe that the increase in sales of several local sports companies in the first quarter of this year is due to the upsurge in the early Winter Olympic Games and national sports. However, it should be pointed out that the recent epidemic has also put pressure on the sales of relevant enterprises, which may affect their performance in the second quarter.
港股异动 | 体育用品股普跌 分析称行业第二季度销售或承压
Changes in Hong Kong stocks | the general decline of sporting goods stocks said that the industry's sales in the second quarter may be under pressure.
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The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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