UOB said that in financing a new Nike sportswear sector plans for lower, but the market reaction over at 1:51 p.m. on the July 13, 2010 Reuters 【】 【Print】 Total Comments 0 Finet Shenzhen News
UOB Kay Hian research report released by nike air max 92 to be the help of cheap products into the Chinese threat of second and third tier marketing program, Chinese sportswear maker shares fell recently, but some fall over. In view of the higher initial investment requirements, and sell low profit margins of foreign brand products, some local distributors may be reluctant to take risks.
Individual stocks, the bank expected, nike air max 93 / Adidas into the next market move to the second and third line from the Li Ning [26.40 -0.19%] (02331-HK) and China's movement [4.70 -1.05%] (03818-HK) The Kappa hands to get some market share, but Anta Sports [15.28 1.19%] (02020-HK), Xtep International [5.53 2.22%] (01368-HK) and other low-end brand in the capital has little effect, because each different market positioning.
Li Ning morning down 1.13%, to 26.35 Hong Kong dollars; Chinese movements or 3.17%, to 4.88 Hong Kong dollars; Anta Sports slightly by 0.27%, to 14.62 Hong Kong dollars; Xtep International fell 2.83%, nike air max 95 to 5.49 Hong Kong dollars.
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