---
title: "Citigroup: SHENZHOU INTL will benefit from better prospects for Nike, maintaining a buy rating"
description: "Citi's research report states that Nike's upward revision of its first-quarter performance expectations is beneficial for its supplier Shenzhou International. Nike is Shenzhou International's second-l"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/246354945.md"
published_at: "2025-06-27T04:15:41.000Z"
---

# Citigroup: SHENZHOU INTL will benefit from better prospects for Nike, maintaining a buy rating

> Citi's research report states that Nike's upward revision of its first-quarter performance expectations is beneficial for its supplier Shenzhou International. Nike is Shenzhou International's second-largest customer. Nike's better-than-expected first-quarter outlook is expected to support Shenzhou International's stock performance. Citi expects that despite the decline in revenue for this American company, thanks to Shenzhou International's focus on new product development, Nike's orders to Shenzhou International will remain flat this year. Citi maintains a buy rating on Shenzhou International, with a target price unchanged at HKD 100.00

Citi's research report states that Nike's upward revision of its first-quarter performance expectations is beneficial for its supplier Shenzhou International. Nike is Shenzhou International's second-largest customer. Nike's better-than-expected first-quarter outlook is expected to support Shenzhou International's stock performance. Citi expects that despite the decline in revenue for this American company, thanks to Shenzhou International's focus on new product development, Nike's orders to Shenzhou International will remain flat this year. Citi maintains a buy rating on Shenzhou International, with a target price unchanged at HKD 100.00

### Related Stocks

- [SHZHY.US - Shenzhou International](https://longbridge.com/en/quote/SHZHY.US.md)
- [02313.HK - SHENZHOU INTL](https://longbridge.com/en/quote/02313.HK.md)
- [NKE.US - Nike](https://longbridge.com/en/quote/NKE.US.md)
- [C.US - Citigroup](https://longbridge.com/en/quote/C.US.md)

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