Winter Olympics are coming!Shares of sports brands soar!
In the Beijing Winter Olympics, the sportswear worn by athletes from all over the world became famous, setting off a wave of panic buying.
Of the Chinese team$ANTA SPORTS(02020)$、Of the Canadian team$Lululemon Athletica(LULU)$、Of the American team$Ralph Lauren(RL)$、South Korea's The North Face、 Germany's$adidas AG(ADDYY)$、Italy's Armani、Sweden's Uniqlo、Britain's Ben Sherman and many other clothing brands kept appearing.
Share prices of these apparel companies are also soaring.
The most attractive ones are Anta and Lululemon.
Anta is the largest sports brand in China, ranking second in the world, second only to$Nike(NKE)$. In recent years, Anta has brought high-end brands such as Archaeopteryx, Descente and Fila into its ownership through continuous mergers and acquisitions, completed global layout.
Lululemon is a top yoga clothing brand that has grown rapidly in recent years and has begun to develop multiple styles of clothing.
Lululemon's market value is US$41.2 billion, or about HK$320 billion; Anta's market value is HK$357 billion.
Some analysts pointed out:
The Winter Olympics can promote people's demand for sportswear, and fast-growing sportswear companies are worthy of attention.
......
Finally, let's talk:
- Are you optimistic about the stocks of sportswear companies? Can I buy it now?
Wonderful message users can get 888 community points!
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.
If u wanna support the company, u can buy.
It's just that Chinese stock is complicated