Gelonghui May 19? according to the research report, although the company has increased discounts and a mountain of inventory, the situation seems to be under control. Unless there is another major outbreak, demand should recover. The bank pointed out that the operating pressure of sporting goods dealers has been alleviated, as long as there is no major epidemic outbreak again, it is believed that$ANTA Sports Products (02020.HK) $、$Li Ning Co. Ltd. (02331.HK) $及$Topsports International Holdings Limited (06110.HK) $The share price will hover above the low of March 15.

Morgan Stanley believes that Li Ning Co. Ltd. is one of the safest recovery concept stocks because of its strong brand momentum and good inventory structure in the current downturn. For Anta, if there are signs of relaxation in epidemic prevention measures, the bank will not be surprised that Anta's share price has rebounded more than its peers, as FILA is more sensitive to the flow of people in first-to second-tier cities. As for Topsports International Holdings Limited sales recovery depends on Nike (NKE.US), implying that the performance is somewhat encouraging; while Adidas pressure seems to linger, Topsports International Holdings Limited sales recovery depends less on Adidas.