Nike Plans To Launch Low Price Sneakers In The Mainland

2010/7/7 18:50:00 36

According to media reports, Nike, an international sporting goods leader, plans to launch low-cost sports shoes in the mainland to seize the three or four tier city market in the mainland, plus the investment rating of mainland sporting goods companies that have lowered their listings in Hong Kong.

UBS downgrades

Sports

Commodity stock rating

UBS

At the same time, the rating of mainland sporting goods shares will be lowered.

Anta

(2020) the rating is reduced from "buying" to "neutral". The target price is unchanged at 15.2 yuan. The rating of Lining (market, information, commentary) (2331) is reduced from "buying" to "neutral", the target price is reduced from 33.3 yuan to 29 yuan, and the rating of XTEP (1368) is reduced from "buying" to "neutral", and the target price is reduced from 7.2 yuan to 7 yuan.

Affected by the above factors, mainland sporting goods shares fell yesterday, when XTEP closed down 5.65% to 5.68 yuan, while PEAK (1968) fell 1.36% to 5.07 yuan.

Lining fell 1.81% to 24.4 yuan, China's trend (market, information, commentary) (3818) fell 0.60% to 4.96 yuan.