HK-listed Xtep hits 4-1/2-month low, KGI Securities downgrades to 'neutral'

Xtep International Holdings

17/09/2018 07:52

** Hong Kong-listed sportswear maker Xtep International
Holdings Ltd  1368.HK  falls 9.5 pct to HK$4.4, lowest since May
3, after KGI Securities downgrades stock
    ** Stock is set for worst day since Aug 24, 2017
    ** KGI Securities downgrades stock to "neutral" from
"outperform" and cuts target price to HK$5.27 from HK$6.18 
    ** Hong Kong benchmark index  .HSI  down 1.3 pct

 ((Reuters Messaging:
tingting.liu.thomsonreuters.com@reuters.net))