Futu News reported on March 1 that Morgan Stanley published a technical analysis report, which is expected$ANTA SPORTS (02020.HK) $,$Li Ning (02331.HK) $The stock price will rise within 30 days, and the probability of occurrence is expected to be 70% to 80%. The bank gave Anta a target price of HK$161 and Li Ning a target price of HK$64, all ratings of which were increases in holdings.

The bank said that under macro-background changes such as rising US ten-year treasury bond yields and sector rotation, it believes the recent pullback in Chinese sportswear stocks has made valuations attractive because the industry has potential for strong sales and profit recovery.

Daimo estimates that last year's results to be announced this month and the sales update for the first quarter of this year announced in April will be the catalyst. As channel inventories decrease, I believe there will be no significant downside in the industry's leading businesses. The bank expects Anta's profit to grow 55% this year and 30% next year; Li Ning's profit will increase 45% this year and 30% next year.

Today, the sporting goods sector is generally rising. As of press release, Anta is up nearly 7%, Li Ning is up 6.8%, 361 is up 6.7%, Taobo is up 3.1%, and XPB is up nearly 3%.