Xtep International (01368) weakened again, down about 5 per cent in the afternoon, Zhitong Financial APP learned. According to UBS, retail sales at Xtep International have been weaker since September than in July and August. Since the interim results were released late last month, Xtep's share price has fallen by about 30%, and Goldman Sachs Group believes that the current risk and return is attractive. As of press time, Xtep International fell 4.66% to HK $9.42, with a turnover of HK $68 million.

This week, UBS released an update report on the sporting goods industry, saying that retail sales at Xtep International have been weaker since September than in July and August. The upgrading strategy is still maintained in terms of shopping malls, urban levels and product supply. JPMorgan Chase & Co said that recently, the bank attended Xtep's trade meeting and met with management, which strengthened its confidence in the latest release of the strategy of "China Xtep world-class running shoes". Maintain the "overweight" rating with a target price of HK $15.9.