BOCOMI released a report on TOPSPORTS (06110.HK) +0.010 (+0.324%) Short selling $628.14K; Ratio 7.132% , which met expectations for its 1Q operations, and maintained guidance for flat annual profit. According to the company's announcement, the total sales of its retail and wholesale business for 1QFY26 subsided by MSD YoY, sustaining the trend from the previous quarter, in line with company forecast. Looking ahead to the coming quarters, the broker assumed that the sportswear market has not yet shown apparent recovery momentum, and promotional conditions in the industry will persist. It revised down its net profit forecast for FY2026-27 of the company by 22%. Related NewsCiti: LI NING's 2Q Retail Sales Growth in LineBased on the latest net profit forecast for FY2026, the target price was trimmed to HKD2.98, corresponding to a 13x FY2026 PE, with Neutral rating kept.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-07-16 12:25.)