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Xtep International Holdings ( (HK:1368) ) has provided an announcement.
Xtep International Holdings Limited announced the termination of a Guarantee Fee Agreement with K-Swiss USA, a former subsidiary, following the release of a financial guarantee by a U.S. bank. This termination, effective from May 30, 2025, will not adversely affect Xtep’s business operations or financial condition, as it was a procedural step following the disposal of KP Global Group.
The most recent analyst rating on (HK:1368) stock is a Buy with a HK$6.70 price target. To see the full list of analyst forecasts on Xtep International Holdings stock, see the HK:1368 Stock Forecast page.
More about Xtep International Holdings
Xtep International Holdings Limited operates in the sportswear industry, focusing on the design, development, and manufacturing of athletic footwear, apparel, and accessories. The company is known for its market presence in China and its efforts to expand internationally.
YTD Price Performance: 2.63%
Average Trading Volume: 13,984,933
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$15.06B
See more data about 1368 stock on TipRanks’ Stock Analysis page.