XTEP International Rises Over 3% in Morning Trading as Analysts Forecast Mid-Single-Digit Q1 Retail Growth

Deep News04-20

XTEP International (01368) saw its shares climb more than 3% during morning trading. At the time of writing, the stock had advanced 3.31% to HK$4.68, with a turnover of HK$36.95 million.

On April 17, Hang Seng Indexes Company announced the results of its annual review of the Hang Seng China High Dividend Yield Index, effective as of March 31, 2026. XTEP International was among the companies newly added to the index, with the changes taking effect on Monday, April 27, 2026.

In a research report, CLSA projected that XTEP International's group sales would increase by 4.4% year-on-year in 2026, driven primarily by product innovation and diversification, alongside ongoing channel restructuring for both the core XTEP brand and Saucony. For the first quarter of 2026, the firm expects the XTEP brand and Saucony to achieve mid-single-digit percentage and approximately 25% year-on-year growth in retail sales, respectively. The report expressed optimism about the company's medium-term growth prospects, indicating confidence that current adjustments would yield positive results.

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