CLSA Lists ANTA SPORTS (02020), YUE YUEN IND (00551), and SAMSONITE (01910) as Top Consumer Picks

Stock News12-01

CLSA released a research report highlighting opportunities in China's consumer sector, focusing on niche market growth and the recovery of high-end consumption driven by monetary policy easing, stock market improvements, and increased offshore financing. The report expects consumer sentiment and CPI data to remain stable, with companies poised to capitalize on market segmentation, global expansion, and the rebound in premium spending.

ANTA SPORTS (02020), YUE YUEN IND (00551), and SAMSONITE (01910) were named as top picks, with YUE YUEN IND's target price raised from HK$16 to HK$18. CLSA forecasts a 3%-4% year-on-year growth in China's sportswear retail sales next year, noting that major brands are optimizing retail channels and enhancing product innovation.

For the cosmetics sector, the report anticipates low-to-mid single-digit growth in 2025. In gold and jewelry, price fluctuations in the second half of 2025 may offset VAT cost pressures, but retail sales could still be impacted.

In the collectibles segment, POP MART (09992) may see its next catalyst from IP development beyond Labubu. Additionally, CLSA recommends monitoring profit improvements at LI NING (02331), Yingtong Holdings (06883), and China Tourism Group Duty Free (01880).

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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Additionally, CLSA recommends monitoring profit improvements at LI NING (02331), Yingtong Holdings (06883), and China Tourism Group Duty Free (01880).</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1512","symbol_name":"体育用品","start_time":0,"source_url":"","article_id":"1198043882","we_media_id":"1036600163","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1198043882","pubTimestamp":1764568575,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Stock News","introduction":"Global Stock News First-Time Broadcast","home_visible":1,"id":"1036600163","head_image":"https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a"},"summary":"CLSA released a research report highlighting opportunities in China's consumer sector, focusing on niche market growth and the recovery of high-end consumption driven by monetary policy easing, stock...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"82020":"安踏体育-R","82331":"李宁-R","BK1512":"体育用品","IE00BQXX3D17.EUR":"GUINNESS GLOBAL INNOVATORS \"C\" (EUR) ACC","LU0327786744.USD":"Janus Henderson Horizon China Opportunities A2 USD","LU0541501648.USD":"ALLSPRING  EMERGING MARKETS EQUITY \"A\" (USD) ACC","IE00BQXX3C00.GBP":"GUINNESS GLOBAL INNOVATORS \"C\" (GBP) ACC","LU0251143458.SGD":"Fidelity Emerging Markets A-SGD","LU0345775950.USD":"NINETY ONE GSF ASIAN EQUITY \"A\" (USD) ACC","LU0140636845.USD":"施罗德大中华区股票A Acc","BK1224":"专卖店","IE00BQXX3F31.USD":"GUINNESS GLOBAL INNOVATORS \"C\" (USD) ACC","LU0823426480.USD":"法巴中国股票经典Dis","LU0164880469.USD":"HSBC GIF HONG KONG EQUITY \"AC\" ACC","IE00B031J352.USD":"FSSA GREATER CHINA GROWTH \"I\" (USD) INC","LU1880383366.USD":"东方汇理中国股票基金 A2 (C)","SG9999002950.SGD":"United Asian Growth Opportunities SGD","LU0359202008.SGD":"Blackrock China Fund A2 SGD-H","IE0008368742.USD":"首域中国增长基金I Acc","LU1102505929.USD":"FIDELITY SUSTAINABLE EMERGING MARKETS EQUITY  \"A\" (USD) ACC","LU0048597586.USD":"富达亚洲焦点A","LU2065170008.USD":"M&G (LUX) GLOBAL MAXIMA \"A\" (USD) INC","SGXZ23171101.USD":"NIKKO AM SHENTON GLOBAL OPPORTUNITIES (USD) ACC","02020":"安踏体育","LU0531971595.HKD":"HSBC GIF CHINESE EQUITY \"AD\" (HKD) INC","LU0052750758.USD":"富兰克林中国基金A Acc","LU0611395673.USD":"NINETY ONE GSF EMERGING MARKETS EQUITY \"A\" (USD) ACC","IE00BGV7N243.SGD":"FSSA Global Emerging Markets Focus I Acc SGD","LU0823040885.USD":"东方汇理新兴市场焦点股票基金","LU0039217434.USD":"HSBC GIF CHINESE EQUITY \"AD\" INC","LU0345776255.USD":"NINETY ONE GSF ASIAN EQUITY \"A\" (USD) INC","01910":"新秀丽","SG9999004303.SGD":"Nikko AM Shenton Global Opportunities SGD","BK1521":"挪威政府全球养老基金持仓","LU0307460666.USD":"EASTSPRING INVESTMENTS CHINA EQUITY \"A\" ACC","LU0048580855.USD":"富达大中华区A","LU0588546209.SGD":"Eastspring Investments - 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The report expects consumer sentiment and CPI data to remain stable, with companies poised to capitalize on market segmentation, global expansion, and the rebound in premium spending.\nANTA SPORTS (02020), YUE YUEN IND (00551), and SAMSONITE (01910) were named as top picks, with YUE YUEN IND's target price raised from HK$16 to HK$18. CLSA forecasts a 3%-4% year-on-year growth in China's sportswear retail sales next year, noting that major brands are optimizing retail channels and enhancing product innovation.\nFor the cosmetics sector, the report anticipates low-to-mid single-digit growth in 2025. In gold and jewelry, price fluctuations in the second half of 2025 may offset VAT cost pressures, but retail sales could still be impacted.\nIn the collectibles segment, POP MART (09992) may see its next catalyst from IP development beyond Labubu. Additionally, CLSA recommends monitoring profit improvements at LI NING (02331), Yingtong Holdings (06883), and China Tourism Group Duty Free (01880).","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.9","shortVersion":"4.35.9","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1198043882","isCrawlerRequest":true}