Changes in Hong Kong stocks | Jingyuan International (02232) rose more than 3%, and order growth in the second half of the year is expected to accelerate, and the company is still reserving many emerging customers

The Zhitong Finance App learned that Jingyuan International (02232) rose more than 3%. As of press release, it had risen 2.39% to HK$7.93, with a turnover of HK$347.601 million.

According to the news, CICC released a research report stating that 1H26 Jingyuan International's revenue increased by about 5% year on year, and is expected to accelerate to double digit growth in 3Q26. The overall performance is in line with management's guidelines for low double-digit revenue growth in the second half of the year and high unit volume revenue growth throughout the year, and 1Q27 still has high order visibility. The bank believes that full orders are mainly due to the company's wide range of categories and rich craftsmanship. Relying on the company's accumulation in the fields of denim, underwear and sweaters, it continues to expand sports and leisure products. It can not only accept differentiated fashion orders, but also gradually enter basic sportswear with a large volume and stable style.

CICC added that on the customer side, Uniqlo's overseas market business expansion and inventory replenishment are expected to bring strong demand for orders. 2H26 Uniqlo orders are expected to accelerate month-on-month. The company is expanding Uniqlo's cooperative categories and relying on mature overseas bases to meet its overseas demand. Orders from sports customers such as Adidas, Nike, VF, and Decathlon continue to increase rapidly, and Adidas is expected to become the company's second-largest customer within the year. In addition to deepening cooperation with leading customers, the company is still reserving a number of emerging customers.