In a report released on July 23, Citi also maintained a Buy rating on the stock with a HK$2.12 price target.

Based on Topsports International Holdings Limited’s latest earnings release for the quarter ending February 28, the company reported a quarterly revenue of HK$13.05 billion and a net profit of HK$463.67 million. In comparison, last year the company earned a revenue of HK$13.96 billion and had a net profit of HK$412.2 million