The Stock Market Plunged To A Record Low Of HK $0.99.

Yesterday, 31st degree was the highest in the market. The range is 38.13%. ,

Finally to One point three two Hong Kong dollar / Stocks closed down 17.5%.

The opening price was down, and the highest drop in the intraday price was 38.13%. In November 14th, the performance of the Hong Kong stock market, the brand of sports brand, attracted a lot of attention.

Since the opening of the Hong Kong stock market this morning, around 3AM, around 3AM, the share price suddenly plunged sharply, and the lowest fell to HK $0.99 / share, a record low. There is market analysis that this is affected by the announcement of KPMG's resignation company auditor released last night.

The replacement of auditors is due to the fact that KPMG and the company failed to reach a consensus on the annual audit fee as of December 31, 2019, and have appointed Dahua Ma Shi Yun accounting firm as the new auditor of the company.

Reporters noted that In today's Hong Kong stock market, the price of many sports apparel brands has dropped to varying degrees except for BELLE's international sports apparel market.

Among them, the lowest price of Anta sports intraday is HK $73.75 / share, which is 2.1% lower than the closing price of the previous trading day. Lining's lowest price was HK $24.85 / share, down 3.1% from the closing price of the previous trading day. The lowest price of XTEP international disk was HK $4.25 / share, which was 4.1% lower than the closing price of the previous trading day. China's lowest intraday price is HK $0.83 / share, down 3.5% from the closing price of the previous trading day.

The most significant decline is in the shares. 。 By the end of this afternoon, 31st degree was closed at HK $1.32 / share, or 17.5%, and the total market value is 2 billion 700 million yuan. Compared with the total market capitalization of Anta sports, it is 200 billion 200 million yuan, Lining's total market value is 57 billion 700 million yuan, XTEP's total market value is 10 billion 900 million yuan, the total market value of Tao Bo is 56 billion 800 million yuan, and China's total market capitalization is 4 billion 900 million yuan.

Previously, this magazine has reported that, thanks to national efforts to promote national fitness and many other good things, the sports market continues to heat up, for example. Anta sports share price has increased to HK $74.45 / share from today's closing price of HK $37.35 / share on the first trading day of the first year, and the share price has nearly doubled two. Lining's share price also increased to HK $24.9 / share from today's closing price of HK $8.35 / share from the first trading day of the first year, and the share price has nearly doubled three.

and After dropping from HK $2 to HK $1 in 2018, its stock price fluctuated at around HK $1 in 2019. The opening price of the first trading day was HK $1.66 / share, closing at HK $1.6 yesterday. Today, it fell below HK $1 and slipped to HK $0.99 / share.

However, in the third quarter of 2019 October 15th, when the operating data was released, its share price rose to the highest level of HK $1.83 / share in the three quarter in October 16th. From its third quarter operating data, the retail sales of the 31st degree brand in the third quarter of this year increased from last year to last year, and the retail sales volume of the third quarter of the 360 degree children's clothing brand increased year by year.

Compared with the China Daily, its children's clothing sales performance is more prominent. According to the China Daily, the sale of clothing for adults in the first half of this year was 1 billion 356 million yuan, up 12.1% from the same period last year. Footwear sales of 1 billion 414 million yuan, an increase of 3.8% over the same period. Children's wear sales of 388 million yuan, an increase of 6.6% over the same period. Coupled with accessories sales, the sales volume reached 3 billion 237 million yuan in the first half of this year, an increase of 7.3% over the same period last year. Gross profit was 1 billion 323 million yuan, an increase of 5.3% over the same period last year. It realized profit of 642 million yuan, an increase of 1.7% over the same period last year.