---
title: "Understanding the Market | TOPSPORTS rose over 9% in early trading, with new product plans from Nike expected to drive a business turnaround, as the company is highly dependent on Nike"
description: "TOPSPORTS rose over 9% in early trading, and as of the time of writing, it has increased by 7.39%, priced at HKD 2.47, with a transaction volume of HKD 106 million. Nike has announced a new product pl"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/220660482.md"
published_at: "2024-11-26T02:06:03.000Z"
---

# Understanding the Market | TOPSPORTS rose over 9% in early trading, with new product plans from Nike expected to drive a business turnaround, as the company is highly dependent on Nike

> TOPSPORTS rose over 9% in early trading, and as of the time of writing, it has increased by 7.39%, priced at HKD 2.47, with a transaction volume of HKD 106 million. Nike has announced a new product plan, including a brand new road running shoe series and running apparel, aimed at meeting the needs of runners. Analysts believe that Nike's new product line will help improve its operating conditions and may bring benefits to TOPSPORTS and the related industry chain. However, TOPSPORTS still faces a decline in industry foot traffic and a high dependence on Nike, and a turnaround may take several months

According to Zhitong Finance APP, TOPSPORTS (06110) rose over 9% in early trading, and as of the time of writing, it is up 7.39%, priced at HKD 2.47, with a transaction volume of HKD 106 million.

In terms of news, Nike has announced a new product plan: launching a new simplified road running shoe series (the rebound cushioning Pegasus series, the ultra-cushioning Vomero series, and the supportive cushioning Structure series); introducing the new Nike Vomero 18, leading in ultra-cushioning; releasing new basic running apparel Nike Swift and Stride; and launching a new women's shoe model, Air Max Muse. This release marks the first new product line since the new CEO took office, with a clear product vision that consolidates Nike's advantages, focusing on professional running and precisely meeting the needs of runners.

Guotai Junan pointed out that Nike's introduction of a new road running shoe product line division will help consumers with various needs select suitable products, and they look forward to improvements in products and channels under the leadership of the new CEO Hill. Nike's subsequent operational turnaround is expected to bring benefits to related industry chain targets. Bank of China International previously stated that TOPSPORTS may take several months to potentially turn around due to the general decline in offline customer traffic in the industry and the company's unique high dependence on Nike

### Related Stocks

- [06110.HK - TOPSPORTS](https://longbridge.com/en/quote/06110.HK.md)

## Related News & Research

| Title | Description | URL |
|-------|-------------|-----|
| 黄金和白银价格波动剧烈。以下是原因及其对您的投资组合的影响 | 高贵金属价格通常意味着投资者寻求安全避风港。但如果没有什么是安全的呢？ | [Link](https://longbridge.com/en/news/276077192.md) |
| 大人国际称其子公司将以 3140 万港元出售 Lordan Group 的 20,000 股普通股 | 大人国际有限公司：单位以 3140 万港元出售 Lordan Group 的 20,000 股普通股 | [Link](https://longbridge.com/en/news/276043299.md) |
| 黄金和白银在清淡的亚洲交易中双双下跌 | 关于这两者失去市场份额的最新情况。目前没有新的消息推动价格变动 | [Link](https://longbridge.com/en/news/276086224.md) |
| 图解 - 气候十字路口：巴黎协定十年之后 | 巴黎协定十年后，气候数据揭示全球变暖加速，预计 2025 年将是最热的年份之一。二氧化碳、甲烷和氧化亚氮的排放量创下历史新高，化石燃料排放预计将达到 381 亿吨。地球温度比 1951 年至 1980 年的平均水平高出 1.19°C，北极海 | [Link](https://longbridge.com/en/news/276053175.md) |
| 09:02 ET Benjamin Stong 博士在亚特兰大成立了高级深层平面拉皮卓越中心 | 本杰明·C·斯通博士在亚特兰大 Kalos 面部整形外科建立了一个深层平面拉皮手术的卓越中心。斯通博士专注于创新技术，每年进行数百例此类手术，强调中面部提升对改善下眼睑美观的重要性。该诊所位于一个主要机场附近，服务于当地和外地患者，确保高标 | [Link](https://longbridge.com/en/news/276133881.md) |

---

> **Disclaimer**: This article is for reference only and does not constitute any investment advice.