You are browsing the Hong Kong website, Regulated by Hong Kong SFC (CE number: BJA907). Investment is risky and you must be cautious when entering the market.
Changes in Hong Kong stocks | Sporting goods stocks go down Beijing suspends sports events
On June 13, Gelong Exchange, Anta fell by about 4%, Li Ning and Topo fell by 3%, and Bosideng and Tebu all dropped. On the news, the Beijing Municipal Sports Bureau issued an emergency notice today on the suspension of sports events, saying that the city will suspend offline sports events from June 13, and the resumption time will be notified separately. There were 51 new cases of local infection in Beijing on June 12. The prevention and control of the clustered epidemic in the bar of Paradise supermarket is more difficult than that of the new gathering epidemic and the last epidemic. Some analysts said that the COVID-19 epidemic had a huge impact on the sporting goods industry, and the demand of the domestic sports consumer market tightened.

Follow us
Find us on Facebook, Twitter , Instagram, and YouTube or frequent updates on all things investing.Have a financial topic you would like to discuss? Head over to the uSMART Community to share your thoughts and insights about the market! Click the picture below to download and explore uSMART app!
Disclaimers
uSmart Securities Limited (“uSmart”) is based on its internal research and public third party information in preparation of this article. Although uSmart uses its best endeavours to ensure the content of this article is accurate, uSmart does not guarantee the accuracy, timeliness or completeness of the information of this article and is not responsible for any views/opinions/comments in this article. Opinions, forecasts and estimations reflect uSmart’s assessment as of the date of this article and are subject to change. uSmart has no obligation to notify you or anyone of any such changes. You must make independent analysis and judgment on any matters involved in this article. uSmart and any directors, officers, employees or agents of uSmart will not be liable for any loss or damage suffered by any person in reliance on any representation or omission in the content of this article. The content of this article is for reference only. It does not constitute an offer, solicitation, recommendation, opinion or guarantee of any securities, financial products or instruments.The content of the article is for reference only and does not constitute any offer, solicitation, recommendation, opinion or guarantee of any securities, virtual assets, financial products or instruments. Regulatory authorities may restrict the trading of virtual asset-related ETFs to only investors who meet specified requirements.
Investment involves risks and the value and income from securities may rise or fall. Past performance is not indicative of future performance.
uSMART
Wealth Growth Made Easy
Open Account