HK Stock Market Move | XTEP INT'L (01368) increased by more than 3% and was included in the Chinese High Dividend Yield Index. Institutions expect the company to record a mid-single-digit growth in retail sales in the first quarter.

XTEP INT'L (01368) rose by more than 3%, as of the time of writing, it was up by 3.09% to 4.66 Hong Kong dollars, with a turnover of 31.9379 million Hong Kong dollars. On the news front, on April 17, Hang Seng Index Company announced the annual index review results of the Hang Seng China High Dividend Yield Index up to March 31, 2026. XTEP INT'L and other companies were newly included, and the changes will take effect on April 27, 2026 (Monday). In a research report released by BNP Paribas, it is expected that XTEP INT'L's group sales will increase by 4.4% annually in 2026, mainly driven by product innovation and diversification, while core brands Xtep and Saucony continue to undergo channel restructuring. For the first quarter of 2026, the bank expects retail sales for Xtep and Saucony to increase by mid-single digits and around 25% year on year, respectively. The bank maintains a positive outlook on the company's mid-term growth prospects and believes that the ongoing adjustments will have a positive impact.