Changes in Hong Kong stocks | Yuyuan Group (00551) rose more than 3%. Institutions say tariffs disrupted or weakened the company's major brand customer inventories in a manageable state in '26

The Zhitong Finance App learned that Yuyuan Group (00551) rose more than 3%. As of press release, it had risen 3.65% to HK$16.46, with a turnover of HK$17.32,900.

According to Euromonitor, the global sneaker scale is US$167.7 billion in 2024, and it is expected that the number of units will continue to grow over the next 5 years, according to CICC. The share of global sneaker brands is concentrated, with CR10 reaching 57% in 2025. The footwear industry is also showing a concentrated pattern. Yuyuan Group is the world's largest sneaker manufacturer. The bank estimates that the share of shipments exceeds 10%. The subsidiary Baosheng International is a leading sportswear retailer in Greater China.

CICC continued that tariffs were disrupted or weakened in 2026, and customer inventories of Yuyuan Group's major brands are in a manageable state. The brand represented by Nike accelerates product innovation and superimposes the growth of several high-quality brands. The revenue side of the manufacturing business is expected to grow steadily in 2026. At the same time, the problems of rising production capacity and uneven production capacity load have improved previously, and manufacturing business performance is expected to recover.