On July 7, Shenzhou International rose 3.1% in regular trading, trading at HK$42.88/share, with turnover of HK$122 million, extending gains from the prior week.

On the news front, Citi recently highlighted that Shenzhou's second-largest client Nike reported better-than-expected Q4 FY2026 results and guided for gross margin expansion in Q1 FY2027. Notably, Nike confirmed approximately US$986 million in IEEPA tariff refund recoveries, boosting its gross margin by around 900 basis points. Citi believes this helps alleviate material cost inflation pressure and may partially benefit Asian suppliers including Shenzhou.

Citi expects Shenzhou to achieve mid-single-digit revenue growth this year, with Adidas and Uniqlo delivering double-digit growth as the strongest contributors. JPMorgan also increased its stake by 1.31 million shares in mid-June at approximately HK$44.71 per share, lifting its holding to 9.01%, signaling institutional confidence at current valuation levels.

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