News Sharing
For sharing news, please enter the email address of you and the receiver, then press SEND button.*Mandatory Fields
Receiver*
Enter email addresses, separated by semicolon (;). E.g. a@a.com;b@b.com
Your email address*
 Content Sharing
<Research> Nomura Lowers Xtep (01368.HK) TP to HKD7.5, Maintains 'Buy' Rating
Nomura released a research report indicating that Xtep (01368.HK) saw a 4% year-on-year increase in revenue last year, slightly below market and Nomura's expectations; net profit g...
Reset
Send
The window will close in 5 seconds
<Research> Nomura Lowers Xtep (01368.HK) TP to HKD7.5, Maintains 'Buy' Rating
Close
Recommend
3
Positive
5
Negative
4
 
SHORT SELL
 
STOCK INFO
aacat by AASTOCKS
Open a new trading account to get NVDA share!

Nomura released a research report indicating that Xtep (01368.HK)  -0.130 (-2.808%)    Short selling $6.53M; Ratio 9.653%   saw a 4% year-on-year increase in revenue last year, slightly below market and Nomura's expectations; net profit grew by 11% year-on-year, roughly in line with expectations. The firm anticipates intensified competition for Xtep's core brand, with Saucony contributing only a low double-digit percentage to the company's total revenue. Therefore, it is expected that the company's revenue will only rise by 4% year-on-year this year.

The firm has revised down its revenue forecast for Xtep for 2026 to 2027 by 3% to 6%, and lowered its earnings forecast by 6% to 9%, reflecting more conservative sales growth expectations for the Xtep brand. The target price for the company has been reduced from HKD8.2 to HKD7.5, while maintaining a 'Buy' rating. (sl/da)(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-04-13 16:25.)



This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation.

Auto-translated by AI
View Original Text

AASTOCKS Financial News
Copyright(C) AASTOCKS.com Limited 2000. All rights reserved.
Disclaimer: AASTOCKS.com Ltd, HKEx Information Services Limited, its holding companies and/or any subsidiaries of such holding companies endeavour to ensure the accuracy and reliability of the Information provided but do not guarantee its accuracy or reliability and accept no liability (whether in tort or contract or otherwise) for any loss or damage arising from any inaccuracies or omissions.