Compared with the US tariff policy in 2018, the “Trump 2.0 tariff” that may be implemented next year will have a wider coverage, and the global market will be affected, CLSA released a research report saying. Meanwhile, China's exports have become more diversified over the past 6 years, with less reliance on the US. Brands and OEMs have become more defensive than they were 5-6 years ago, and are believed to be better able to adapt to policy changes.Related NewsCLSA Notices Rising Mkt Interest in CN 'New Consumer Stocks'; POP MART's TP Raised to HKD300Under the potential impact of US tariffs, the broker listed ANTA SPORTS (02020.HK) -1.700 (-1.790%) Short selling $104.76M; Ratio 15.114% , PRADA (01913.HK) -2.250 (-4.578%) Short selling $7.68M; Ratio 3.711% , SAMSONITE (01910.HK) -0.420 (-2.889%) Short selling $25.02M; Ratio 41.213% and YUE YUEN IND (00551.HK) +0.120 (+1.060%) Short selling $6.15M; Ratio 17.143% as its top picks, which are generally considered to have good defensibility and are all rated at Outperform, with target prices of $108/ $68/ $22/ $21, respectively.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-06-13 16:25.)