Shenzhou International Group Holdings Ltd
02313: XHKG (HKG)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| %G< | LOCK|HycV | LOCK|!#%p>M# |
Trump’s Tariffs Disrupt Global Sportswear; Shenzhou, Amer, and Asics Face Earnings Pressure
On April 2, the United States' President Trump announced a reciprocal tariff policy, imposing additional 49% tariffs on Cambodia, 46% on Vietnam, and 34% on China. In response, shares of Shenzhou International fell by 14%, while Asics dropped by 10% during Asian trading.
