Core Viewpoint - The sports footwear and apparel manufacturing sector is experiencing a positive trend, with key companies like Crystal International and Shenzhou International seeing significant stock price increases due to anticipated recovery in downstream demand and potential benefits from Nike's performance reversal in FY2026 [1] Industry Summary - Short-term outlook for the sports footwear and apparel manufacturing industry indicates a gradual recovery in downstream demand, with leading companies expected to benefit from improved performance in the supply chain [1] - The industry has a large market space and high prosperity, with strong competitiveness among leading companies, enhanced penetration rates among existing customers, and continuous expansion of new customers and production capacity [1] Company Summary - Crystal International (02232) saw an increase of 8.81%, reaching HKD 7.29, while Shenzhou International (02313) rose by 5.1%, reaching HKD 71.15 [1] - The textile and apparel export value from China in October was USD 22.3 billion, a year-on-year decline of 13%, with specific declines in textile and apparel exports of USD 11.3 billion and USD 11 billion, respectively [1] - The recent announcement by the U.S. to cancel the 10% tariff on fentanyl imports from China and suspend the 24% reciprocal tariff for a year is expected to positively impact the export chain, leading to a gradual recovery [1]
港股异动 | 运动鞋服代工行业下游需求有望逐步回暖 晶苑国际(02232)涨近9% 申洲国际(02313)涨超5%