HK Stock Market Move | XTEP INT'L (01368) rises over 4%, retail sales of main brand in the first quarter achieved double-digit growth year-on-year.

XTEP INT'L (01368) rose by more than 4%, reaching 4.03% at the time of publication, and closed at 4.9 Hong Kong dollars with a turnover of 251.029 million Hong Kong dollars. On the news front, XTEP INT'L announced the operational status of its mainland China business in the first quarter of 2025. Retail sales of the XTEP main brand (including the Wuxi Online Offline Communication Information Technology Co., Ltd. channel) recorded a double-digit year-on-year growth in unit sales, with channel inventory turnover of approximately four months; while retail sales of Sokkoni (including the Wuxi Online Offline Communication Information Technology Co., Ltd. channel) achieved over 40% year-on-year growth. Haitong previously pointed out that they are optimistic about the company's complete and professional running matrix in the field of running, with Sokkoni entering the profit phase, and is expected to form a strong second growth curve in the medium to long term.