Core Viewpoint - Jefferies has raised the target price for China Hongqiao following the robust third-quarter performance of its main subsidiary [1] Group 1 - Jefferies increased the target price from HKD 26.90 to HKD 34.10 [1] - The company maintains a "Buy" rating on China Hongqiao [1]

Core Insights - Nike Inc reported a fiscal first-quarter earnings and revenue beat, but warned that holiday season sales could be weaker than usual due to higher tariff costs [1] - Following the earnings report, at least six analysts raised their price targets for Nike, with J.P. Morgan Securities setting the highest target at $100, up from $93 [2] - The stock is on track for its fourth consecutive gain and is attempting to break above the 20-day moving average after a period below this trendline, although it still has a 19.4% year-over-year deficit [3] Market Activity - The options market is experiencing high activity with 118,000 calls and 73,000 puts traded, which is nine times the typical volume for this time [4] - The most active options contract is the weekly 10/3 75-strike call, with new positions being opened at the 73-strike call [4]