Daiwa: The market is ignoring Nike (NKE.US) performance, giving positive signals to Shenzhou International (02313), target price 72 Hong Kong dollars.

According to the Wisdom Finance app, Morgan Stanley released a research report stating that Nike (NKE.US) announced its second quarter performance for the 2026 fiscal year, dragging down the performance of Anta Sports (02313). The bank believes that the market tends to view Anta Sports as a representative of China's mainland sports apparel sector, but over 75% of its sales come from markets outside China, which should benefit more from the resilience of other markets. With Anta Sports' recent stock price decline, it has provided a good opportunity to increase holdings; the bank has set a target price of HK$72 and a "buy" rating.