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<Research>Citi Opens 30-day Upside Catalyst Watch on TOPSPORTS (06110.HK), Benefiting from Nike China Biz Recovery
Citi Research issued a research report predicting that ANTA SPORTS (02020.HK) will have cautious narratives on 2H25 outlook during its investor conference call upon 2Q25 retail sal...
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<Research>Citi Opens 30-day Upside Catalyst Watch on TOPSPORTS (06110.HK), Benefiting from Nike China Biz Recovery
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Citi Research issued a research report predicting that ANTA SPORTS (02020.HK)  +0.550 (+0.599%)    Short selling $75.61M; Ratio 23.933%   will have cautious narratives on 2H25 outlook during its investor conference call upon 2Q25 retail sales data release later today (15th), similar to LI NING (02331.HK)  +0.080 (+0.501%)    Short selling $43.50M; Ratio 18.986%   .

Against this backdrop, the recovery of Nike's business in China, including the normalization of channel inventory in 2Q25 and the continuous improvement in order records from major Chinese retailers for 1Q26 compared to 4Q25, seems to be the best theme for the next quarter in China's sportswear industry.

Related NewsDaiwa Cuts LI NING (02331.HK) TP to $14 as 2Q Operational Performance Misses
Due to Nike China's sustained recovery in 2H25, Citi Research opened a 30-day upside catalyst watch on TOPSPORTS (06110.HK)  +0.040 (+1.290%)    Short selling $934.39K; Ratio 11.258%   .

The broker also rated TOPSPORTS at Buy, with a target price of $3.75.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-07-17 12:25.)

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