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XTEP INT'L: DELAY IN DESPATCH OF CIRCULAR IN RELATION TO THE ANNOUNCEMENTS DATED 9 MAY 2024 AND 23 MAY 2024
[Brokerage Focus] CMB International pointed out that the consumption trend during the Dragon Boat Festival holiday was slightly weaker than expected. The home appliance and outfits industries performed exceptionally well.
Jingu Caixun | Zhongyin International stated that overall the bank believes that the consumption trend during this year's Dragon Boat Festival holiday is slightly weaker than expected, despite the outstanding performance of industries such as household appliances and outfits. During the Dragon Boat Festival holiday, the number of tourists and the amount of support increased by about 6%/8% compared to the same period last year, slowing down from 8%/13% during the May Day Golden Week holiday. The bank estimates that the recovery rate (compared to 2019) may also have weakened. In addition, considering that airfare prices/hotel RevPAR and movie box office have all declined, the bank believes that per capita purchasing power still faces pressure. The bank believes the reasons are as follows: the high base of last year still exists, and the macro environment still needs improvement (additions.
Guosen Securities: domestic sports brand launched new core IP color matching, popular recognition platform 361 degrees shows significant growth.
Guosen Securities released research reports stating that in May, Anta and 361 Degrees increased in popularity, with short-term attention focused on Olympic marketing to boost brand popularity.
TF International: Xtep International (01368) spins off KP to reduce brand losses and maintains 'buy' rating.
Guotai Junan International predicts that Xtep Int'l (01368) will have a net profit attributable to the parent of RMB 1.17/1.34/1.51 billion in 2024-2026.
An Intrinsic Calculation For Xtep International Holdings Limited (HKG:1368) Suggests It's 35% Undervalued
Key Insights The projected fair value for Xtep International Holdings is HK$8.35 based on 2 Stage Free Cash Flow to Equity Xtep International Holdings' HK$5.42 share price signals that it might be 3
XTEP (1368.HK) ran steadily, and TEP Children cooperated deeply with the Tsinghua University Sports and Health Center
Recently, TEP Kids and the Tsinghua University Sports and Health Science Research Center reached an in-depth strategic cooperation to take another step in building a sports expert brand strategy. This also means that the main TEP brand further lays out the mass movement, bringing more possibilities for development. 1. Promoting better product and brand advantages First, focusing on this cooperation itself, this is a strong alliance in the field of healthy youth development. Over the decades, the Tsinghua University Sports and Health Science Research Center has promoted relevant research based on national strategic needs, innovative technology, etc., and now has 9 major research centers and 5 major laboratories, with strong scientific research capabilities. Special steps for children, 1
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