<div id="readability-page-1"><div>** Shares of Topsports International Holdings drop 8% to HK$2.87, their lowest level since July 10; on track for sixth straight session of decline** Stock set for the biggest one-day pct decline since May 23 ** The China sportswear group posted a high single-digit decline Y/Y on total sales of retail and wholesale operations for Q3 of FY2025/26 between Sept and Nov ** UBS maintains &#34;buy&#34; on the stock but trims PT to HK$3.85 from HK$4.06, saying Sept-Nov sales missed and it has revised down FY26-28 net profit estimates by 7-14% to factor in the latest sales pressure ** YTD, Hong Kong stock up 3.2%, benchmark Hang Seng Index up 28.4%</div></div>

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Topsports International Holdings shares dropped 8% to HK$2.87, marking a 5-1/2 month low due to a Q3 sales miss. UBS maintains a "buy" rating but lowers the price target to HK$3.85, citing revised FY26-28 profit estimates down by 7-14%. The stock is set for its biggest one-day decline since May 23, despite a YTD increase of 3.2%, while the Hang Seng Index is up 28.4%.

China's Topsports drops to 5-1/2 months low on Q3 sales miss