Investing.comCodex · 实盘不做把握 7/10
北京时间·🕒 发布 12:46:25时区推断·⟳ 抓取 13:07:03回填·⚡ 决策 07-22 13:12:57·97.2 天前
滔搏收到耐克通知，2027年起终止中国内地线上平台销售，相关收入占22%
耐克线上平台销售占滔搏截至2026年2月28日止年度总收入约22%，渠道终止是明确公司级利空。
📄 原文Investing.com↗ 原文
China’s Topsports hits record low after Nike ends online sales partnership
Nasdaq rises more than 1% as chip stocks extend rebound from bear market territory Investing.com-- Shares of Topsports…
不做 滔搏（06110.HK）
同一具体催化已在近6小时处理：12:52 06110.HK 耐克终止中国内地线上合作、收入占22%；且当前已跌25.65%，不重复推卡。
展开详情(成交明细 / 研究档案 / 原文全文 / 决策记录链)
研究档案
消息传播链
- 滔搏公告称已收到耐克正式通知，2027年1月1日起终止中国内地耐克产品线上平台销售。市场反应:06110.HK盘中跌25.65%至1.42港元。
- 国际媒体报道耐克调整中国数字销售策略并切断部分线上分销关系。市场反应:报道提及滔搏港股大跌。
关键理由
- 耐克线上平台销售占滔搏截至2026年2月28日止年度总收入约22%，渠道终止是明确公司级利空。
- 公司公告称该终止将在短期内对业务造成重大负面影响，但消息已在近6小时内被处理且股价盘中已跌约25.65%。
主要风险
- 同一具体催化已被系统在12:52处理为不做，重复推卡会打扰执行端。
- 港股虽显示可卖空，但当前已大幅下跌，追空的剩余edge弱且易反抽。
反向证据
- 做空前查反向 · 来源 search_processed_events · 日期 2026-07-22 · 影响 invalidates
近6小时已有同一催化记录：12:52 不做 06110.HK — 耐克将终止中国内地线上合作，滔搏称相关收入占总收入22%。
检索:search_processed_events hours=6 滔搏 耐克 线上平台销售 22%
工具调用 · 历史记录,结果未知(2 种)
- search_processed_events · 结果未知
- stock_quote · 结果未知
原文全文
展开原文 · 1,132 字
Nasdaq rises more than 1% as chip stocks extend rebound from bear market territory
Investing.com-- Shares of Topsports International (HK:6110) fell to record lows on Wednesday after the Chinese sportswear retailer said Nike (NYSE:NKE) would terminate its existing online sales arrangement in mainland China from the start of 2027.
The Hong Kong-listed company said it received official notice from Nike after market close on Tuesday that the online sales partnership would end completely with effect from Jan. 1, 2027.
Shares of the company fell as much as 26.2% to HK$1.41 -- their lowest ever. The stock last traded 23.6% lower at HK$1.46 by 04:41 GMT.
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Topsports said the move would have a significant short-term impact on its business, as online sales of Nike products accounted for about 22% of the group's total revenue in the financial year ended Feb. 28, 2026.
The company added that it remains committed to working closely with Nike on offline sales arrangements on a mutually beneficial basis despite the termination of the online business.
Investing.com-- Shares of Topsports International (HK:6110) fell to record lows on Wednesday after the Chinese sportswear retailer said Nike (NYSE:NKE) would terminate its existing online sales arrangement in mainland China from the start of 2027.
The Hong Kong-listed company said it received official notice from Nike after market close on Tuesday that the online sales partnership would end completely with effect from Jan. 1, 2027.
Shares of the company fell as much as 26.2% to HK$1.41 -- their lowest ever. The stock last traded 23.6% lower at HK$1.46 by 04:41 GMT.
Get real-time updates on market-moving news with InvestingPro -- avail 60% off now
Topsports said the move would have a significant short-term impact on its business, as online sales of Nike products accounted for about 22% of the group's total revenue in the financial year ended Feb. 28, 2026.
The company added that it remains committed to working closely with Nike on offline sales arrangements on a mutually beneficial basis despite the termination of the online business.
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