格隆汇1月23日丨特步国际(01368.HK)宣布，董事会会议将于2026年3月26日(星期四)举行，旨在(其中包 括)审议及批准公司及其附属公司截至2025年12月31日止年度之经审核全年业绩及其刊发，并考虑派发 末期股息(如有)。 ...

香 港 交易 及 結 算 所 有限 公 司 以 及香 港 聯 合 交 易所 有 限 公 司 對本 公 佈 的 內容 概 不 負責 ， 對 其 準 確性 或 完 整 性亦 不 發 表 任 何聲 明 ， 並 明 確表 示 ， 概 不對 因 本 公佈 全 部 或 任 何部 分 內 容 而產 生 或 因 倚 賴該 等 內 容 而 引致 的 任 何 損失 承擔任何責任。 Xtep International Holdings Limited 特 步 國 際 控 股 有 限 公 司 主席 丁水波 香港，二零二六年一月二十三日 於 本 公佈 刊 發 日 期 ，本 公 司 執 行董 事 為 丁 水 波先 生 、 丁 美 清女 士 、 丁 明忠 先 生 及楊 鷺 彬 先 生 ；非 執 行 董 事為 陳 偉 成 先 生； 及 獨 立 非 執行 董 事 為 鮑明 曉博士、胡家慈博士及陳綺華博士。 （於開曼群島註冊成立的有限公司） （股份代號：1368） 董事會會議通告 特步國際控股有限公司（「本公司」）之董事會（「董事會」）謹此宣佈，董事會 會議將於二零二六年三月二十六日（ 星期四 ）舉行，旨在（ 其中包括 ）審議及 批 准 本公 ...

Core Viewpoint - Xtep International (01368) experienced a nearly 3% decline in stock price, trading at HKD 5.08 with a transaction volume of HKD 40.75 million as of the report time [1] Group 1: Retail Sales Performance - For the three months ending December 31, 2025, Xtep's main brand retail sales (including both online and offline channels) remained flat year-on-year, with retail discount levels between 70% to 75% [1] - For the fiscal year ending December 31, 2025, Xtep's main brand retail sales achieved low single-digit year-on-year growth, with inventory turnover at approximately four and a half months [1] Group 2: Sub-brand Performance - The retail sales of the sub-brand Saucony (including both online and offline channels) saw over 30% year-on-year growth [1] - This strong performance in Saucony contrasts with the main brand's flat sales, indicating a potential shift in consumer preference or brand strength [1]

Core Viewpoint - Xtep International (01368) experienced a nearly 3% decline in stock price, trading at HKD 5.08 with a transaction volume of HKD 40.7551 million as of the report time [1] Group 1: Company Performance - For the three months ending December 31, 2025, Xtep's main brand retail sales (including online and offline channels) remained flat year-on-year, with retail discount levels between 70% to 75% [1] - For the fiscal year ending December 31, 2025, Xtep's main brand retail sales achieved low single-digit year-on-year growth, with channel inventory turnover approximately four and a half months [1] - Saucony's retail sales (including online and offline channels) saw over 30% year-on-year growth [1]

Group 1 - The core viewpoint of the article indicates that Xtep International's retail sales for its main brand remained flat year-on-year, while its subsidiary Saucony experienced over 30% year-on-year growth in retail sales [1] - The retail discount level for Xtep's main brand is reported to be between 70% to 75% [1] - The market capitalization of Xtep International is 14.479 billion HKD, ranking 7th in the apparel and home textiles industry [1] Group 2 - Investment banks predominantly rate Xtep International as a buy, with three banks issuing buy ratings in the last 90 days [1] - The average target price for Xtep International over the past 90 days is 8.23 HKD, with Huaxing Securities setting a target price of 8.15 HKD [1]

Core Viewpoint - The operational performance of Xtep International (01368) in mainland China for Q4 2025 shows stable retail sales for its main brand, while the Saucony brand experienced significant growth [1] Group 1: Retail Sales Performance - For the three months ending December 31, 2025, retail sales of the main brand remained flat year-on-year, with retail discount levels between 70% to 75% [1] - For the full year ending December 31, 2025, retail sales of the main brand achieved low single-digit year-on-year growth [1] - Saucony retail sales, including both online and offline channels, recorded over 30% year-on-year growth for both the quarterly and annual periods [1][1]

Core Viewpoint - The retail sales performance of Xtep International's main brand remained flat year-on-year, while Saucony experienced significant growth exceeding 30% in the same period [1] Group 1: Retail Sales Performance - For the three months ending December 31, 2025, Xtep's main brand retail sales (including online and offline channels) showed no year-on-year change, with retail discount levels ranging from 70% to 75% [1] - For the fiscal year ending December 31, 2025, Xtep's main brand retail sales achieved low single-digit year-on-year growth, with inventory turnover at approximately four and a half months [1] - Saucony's retail sales (including online and offline channels) achieved over 30% year-on-year growth for both the three-month and annual periods [1]

Core Viewpoint - Xtep International (01368.HK) reported stable retail sales growth for its main brand in Q4 2025, while its subsidiary Saucony experienced significant growth exceeding 30% year-on-year [1] Group 1: Retail Sales Performance - In Q4 2025, retail sales for Xtep's main brand (including online and offline channels) remained flat year-on-year, with retail discount levels around 70% to 75% [1] - For the full year 2025, Xtep's main brand retail sales achieved low single-digit year-on-year growth, with inventory turnover at approximately four and a half months [1] - Saucony's retail sales growth (including online and offline channels) exceeded 30% year-on-year in both Q4 2025 and for the full year [1]

香港交易及結算所有限公司以及香港聯合交易所有限公司對本公佈之內容概不負 責，對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公佈全部 或任何部分內容而產生或因倚賴該等內容而引致之任何損失承擔任何責任。 Xtep International Holdings Limited 特 步 國 際 控 股 有 限 公 司 （於開曼群島註冊成立的有限公司） （股份代號：1368） 二零二五年第四季度及全年中國內地業務營運狀況 本 公 佈 由 特 步 國 際 控 股 有 限 公 司（「 本 公 司 」， 連 同 其 附 屬 公 司「 本 集 團 」）董 事 會 （「董事會」）發出。 營運狀況（截至二零二五年十二月三十一日止三個月） 特步主品牌 | 零售銷售增長（包括線上線下渠道） | 同比持平 | | --- | --- | | 零售折扣水平 | 七至七五折 | 索康尼 | | | 營運狀況（截至二零二五年十二月三十一日止年度） 特步主品牌 | 零售銷售增長（包括線上線下渠道） | 低單位數同比增長 | | --- | --- | | 渠道存貨週轉 | 約四個半月 | 索康尼 | | | – 1 – 本公司股東及 ...

Market Performance - The Hong Kong stock market showed resilience, with the Hang Seng Index and the Hang Seng Tech Index recovering from previous declines, closing up by 0.37% and 1.11% respectively [1][2] - The overall market remained stable despite a significant drop in US stocks overnight [1] Sector Performance - Major technology stocks saw gains, with notable increases in shares of Hua Hong Semiconductor (up over 5%) and SenseTime (up over 4%) [4][5] - Semiconductor stocks were active, driven by positive sentiment in the AI-driven storage cycle, with companies like Zhaoyi Innovation reaching new highs [2][7] - Gold stocks surged, led by Chifeng Jilong Gold (up over 9%) and Lingbao Gold (up over 8%), as spot gold prices broke through $4,880 [6][8] Individual Stock Movements - The stock of Skyworth Group soared over 37% after announcing a distribution of shares in Skyworth Photovoltaic and plans for a mainboard listing [16] - Southbound funds recorded a net inflow of HKD 13.93 billion, indicating strong investor interest [19] Future Outlook - Analysts predict that the Hang Seng Index could challenge the 30,000 to 31,000 point range by 2026, as current valuations remain below historical averages [21]