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Topsports International, Nike's largest retailer in China, is likely to benefit from Nike's stronger-than-expected branding momentum and its anticipated business recovery in China in 2025, Citi analysts say in a research note. Citi's quarterly global sports goods survey in December indicated \"a sharp step up in momentum for Nike.\" In contrast, Chinese brands Anta and Li Ning both experienced an on-quarter decline in consumers' purchasing intent, the analysts note. Citi expects Nike's new global CEO to outline his strategy for reviving Nike's China business in 2025 during his inaugural investor communication following the company's 2Q results later this week. Citi has initiated a 30-day positive catalyst watch on Topsports while maintaining a neutral rating on the stock. Topsports shares are 0.4% lower at HK$2.73. 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Recent developments include strategic partnerships with brands like Norda and Mitchell & Ness, aimed at expanding their market presence in various sports subcategories. The company report will delve into key areas such as financial performance, strategic gaps,...","market":"sg","thumbnail":"https://images.simplywall.st/asset/industry/4441000-choice1-main-header/1585186804326","type":0,"news_type":0,"thumbnails":["https://images.simplywall.st/asset/industry/4441000-choice1-main-header/1585186804326"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://simplywall.st/stocks/hk/retail/hkg-6110/topsports-international-holdings-shares/news/topsports-international-holdings-sehk6110-eyes-growth-with-n","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"simplywall_highlight","symbols":["BK1114","06110","BK1512"],"gpt_icon":0},{"id":"2487121544","title":"Investors Can Find Comfort In Topsports International Holdings' (HKG:6110) Earnings Quality","url":"https://stock-news.laohu8.com/highlight/detail?id=2487121544","media":"Simply Wall St.","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2487121544?lang=en_us&edition=fundamental","pubTime":"2024-11-30 08:28","pubTimestamp":1732926498,"startTime":"0","endTime":"0","summary":"Topsports International Holdings Limited's ( HKG:6110 ) earnings announcement last week didn't impress shareholders...","market":"hk","thumbnail":"https://images.simplywall.st/asset/industry/4441000-choice1-main-header/1585186804326","type":0,"news_type":0,"thumbnails":["https://images.simplywall.st/asset/industry/4441000-choice1-main-header/1585186804326"],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://simplywall.st/stocks/hk/retail/hkg-6110/topsports-international-holdings-shares/news/investors-can-find-comfort-in-topsports-international-holdin","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"simplywall_highlight","symbols":["06110","ISBC"],"gpt_icon":1},{"id":"2483325188","title":"Topsports International Holdings Limited's (HKG:6110) Stock Has Shown Weakness Lately But Financial Prospects Look Decent: Is The Market Wrong?","url":"https://stock-news.laohu8.com/highlight/detail?id=2483325188","media":"Simply Wall St.","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2483325188?lang=en_us&edition=fundamental","pubTime":"2024-11-15 14:06","pubTimestamp":1731650783,"startTime":"0","endTime":"0","summary":"It is hard to get excited after looking at Topsports International Holdings' (HKG:6110) recent performance, when its...","market":"hk","thumbnail":"https://images.simplywall.st/asset/industry/4441000-choice1-main-header/1585186804326","type":0,"news_type":0,"thumbnails":["https://images.simplywall.st/asset/industry/4441000-choice1-main-header/1585186804326"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://simplywall.st/stocks/hk/retail/hkg-6110/topsports-international-holdings-shares/news/topsports-international-holdings-limiteds-hkg6110-stock-has-1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"simplywall_highlight","symbols":["BK1114","06110","BK1512"],"gpt_icon":0},{"id":"2478173843","title":"CMB International Downgrades Topsports International to Hold from Buy; 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Revenue for the half-year period declined to 13.05 billion yuan from 14.18 bil","market":"hk","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":"","theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"movement","news_rank":0,"length":0,"strategy_id":0,"source":"ai_movement_en","symbols":["06110"],"gpt_icon":0}],"pageSize":16,"totalPage":2,"pageCount":1,"totalSize":32}]}}