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0.13 billion funds are quietly lurking, Xtep (01368) strategic focus recognized by the market.
Stable performance growth + business strategic focus on running, xtep int'l is releasing long-term investment value.
XTEP INTERNATIONAL To Go Ex-Dividend On September 5th, 2024 With 2.00105 USD Dividend Per Share
Hong Kong stocks surged | Sporting goods stocks collectively rose, the Olympics boosted sporting goods sales, and the sales growth rate in July turned positive from negative.
Sporting goods stocks are collectively rising. As of the time of writing, 361 degrees (01361) has increased by 3.72% to HKD 3.62; Anta Sports (02020) has increased by 3.48% to HKD 71.45; Topsports (06110) has increased by 3.17% to HKD 2.93; Xtep Int'l (01368) has increased by 1.38% to HKD 5.13.
Xtep International Shareholders Approve Key Resolutions
[Brokerage Focus] Guotai Junan International maintains a "buy" rating for Xtep International (01368). It is expected that profits will continue to improve after the separation of KP.
Jingu Financial News | CICC International released a research report, stating that Xtep International (01368) recorded a 10.4% year-on-year growth in revenue in the first half of 2024, and a 13% year-on-year growth in net income attributable to shareholders, outperforming market expectations. The bank mentioned that the company acquired 40% of the intellectual property rights of Saucony in China in December 2023, and acquired the remaining equity of the joint venture company with Wolverine in January 2024, making the joint venture company a wholly-owned subsidiary of Xtep. By strategically integrating the equity of the joint venture company, the company is able to maximize the synergistic effect between the sub-brand and the main brand, stimulating
Buy Rating Affirmed on Xtep International Holdings Amid Strong Performance and Growth Prospects
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