该行表示，体育服装品牌的销售额令人鼓舞。虽然该行认为今年首两个月的基数很高，尤其是李宁，惟继续看好李宁(维持“确信买入”名单)，认为其具有强大的品牌形象、更清洁的渠道库存和完整的长期市场份额增长。Source: Gelong Hui
Sporting goods stocks rose generally, Li Ning Co. Ltd. and Benji Golf rose 3%, Xtep International rose 2%, ANTA Sports Products, Tuobo and Bosideng International followed.
Goldman Sachs Group issued a report that fine-tuned the earnings forecast for 2023-2024 to reflect greater confidence in the industry's recovery. The bank believes investor sentiment will improve and is more focused on the growth path normalised by Xtep, Bosideng International, Topsports International Holdings Limited and Baosheng, raising their target prices by 15-79 per cent.
The bank said sales of sportswear brands were encouraging. Although the bank believes that the base for the first two months of this year is very high, especially Li Ning Co. Ltd., it continues to be bullish on Li Ning Co. Ltd. (maintaining the "sure buy" list). It is believed that it has a strong brand image, cleaner channel inventory and complete long-term market share growth.
Edit / Corrine
