Capital trends | Northbound funds purchased nearly 6 billion HKD worth of Tencent, while selling Meituan and ANTA SPORTS.
Track the latest dynamics of southbound capital.
Analysts Are Bullish on Top Consumer Cyclical Stocks: ANTA Sports Products (ANPDF), Costco (COST)
ANTA SPORTS (02020.HK) spent HKD 99.94 million to repurchase 1.268 million shares on January 9.
Gelonghui, January 9th丨ANTA SPORTS (02020.HK) announced that on January 9th, it spent 99.94 million Hong Kong dollars to repurchase 1.268 million shares.
Yuanta Securities Upgrades ANTA Sports Products to Buy From Hold; Price Target Is HK$105.30
DBS Reaffirms Their Buy Rating on ANTA Sports Products (ANPDF)
Daiwa: Reiterates ANTA SPORTS 'Buy' rating, Target Price raised to HKD 110.
Daiwa released a research report stating that it has raised the Target Price for ANTA SPORTS (02020) by 2%, from 108 HKD to 110 HKD; it reiterated the "Buy" rating, making it a top pick in the CSI China Mainland Consumer Index sector. The report mentioned that ANTA's operating data last season was strong and exceeded expectations, with FILA's retail sales (RSV) experiencing a rapid recovery, which was a huge positive surprise. The core brand is expected to continue its overseas expansion this year. Management expressed a relatively confident outlook for this year during the analyst conference call and is even more optimistic about overseas expansion. Daiwa stated that based on the encouraging sales trend, it will adjust the company's figures for 2024 to 25.
[Brokerage Focus] Huaxi maintains a "Buy" rating on ANTA SPORTS (02020), pointing out that Q4 FILA has returned to positive growth.
Jinwu Financial News | Huaxi released a Research Report indicating that ANTA SPORTS (02020) announced its operational data for Q4 2024 and the full year 2024: Q4 showed high single-digit growth for the main brand / FILA / Other with growth rates of high single-digit / high single-digit / 50-55% respectively; for the full year 2024, high single-digit growth for the main brand / mid single-digit growth for FILA / and 40-45% growth for Other. The bank's analysis: (1) The bank previously estimated that main brand revenue would grow by 10% in 2024, mainly benefiting from maintaining rapid growth online, and the continuous opening of champion stores and super ANTA stores, but due to Q3.
ANTA Sports: A Top Pick in China Sportswear With Promising Growth Drivers and Attractive Valuation
【Brokerage Focus】Guosen maintains an "outperform market" rating on ANTA SPORTS (02020), expecting the company to continue leading industry growth in 2025.
Jinguo Financial News | Guosen issued a Research Report indicating that ANTA SPORTS (02020) announced its retail performance for the fourth quarter and the whole year. In the fourth quarter of 2024, ANTA's main brand recorded a high single-digit positive growth, FILA recorded a high single-digit positive growth, and Other brands recorded a 50-55% positive growth; for the entire year of 2024, ANTA's main brand recorded a high single-digit positive growth, FILA recorded a mid single-digit positive growth, and Other brands recorded a 40-45% positive growth. The report noted that, although the fourth quarter is based on a high base, the group's various brands' sales still maintained a month-on-month increase and achieved faster growth compared to peers, with discount rates remaining stable and inventory levels maintained.
Anta Sports' Sales Prospects Remains Uncertain -- Market Talk
Anta Sports Products Target Price Cut to HK$104.00 From HK$115.00 by Nomura >2020.HK
China International Capital Corporation: Maintains ANTA SPORTS (02020) "Outperform Industry" rating with a Target Price of 104.02 Hong Kong dollars.
CICC believes that the company is expected to occupy an advantageous business circle in the domestic market with Top store effectiveness, and there is room for improvement in profitability.
ANTA Sports Finalizes Cancellation of EUR1 Billion Convertible Bonds
ANTA SPORTS (02020.HK) completed the cancellation of the redeemable 1 billion euro zero-coupon guaranteed convertible bond due in 2025.
On January 8, Gelonghui reported that ANTA SPORTS (02020.HK) announced the completion of the redemption and cancellation of the guaranteed zero coupon convertible Bonds due in 2025 with an amount of 1 billion euros. After canceling the existing convertible Bonds with a principal amount of 0.946 billion euros, the Board of Directors is pleased to announce that the remaining unpaid principal amount of 54.5 million euros has been canceled as of January 7, 2025. As of the date of this announcement, the company has canceled all existing convertible Bonds. The existing convertible Bonds will be (Delisted) from the Singapore Exchange.
ANTA SPORTS (02020): All existing convertible Bonds have been cancelled.
ANTA SPORTS (02020) announced the cancellation of the existing convertible Bonds (due in 2025, 1 billion euros, zero interest...)
ANTA SPORTS (02020.HK) spent 99.835 million Hong Kong dollars to repurchase 1.32 million shares on January 8.
According to a notice from Glorious Finance on January 8, ANTA SPORTS (02020.HK) announced that on January 8, it spent 99.835 million Hong Kong dollars to repurchase 1.32 million shares.
ANTA Sports Sees Robust Growth in 2024 Retail Sales
ANTA SPORTS (02020): In the fourth quarter, the retail amount of ANTA brand products achieved a high single-digit positive growth year-on-year.
ANTA SPORTS (02020) announced that in the fourth quarter of 2024, the retail amount of ANTA brand products (based on retail...
Express News | ANTA Sports Products - for Q4 Retail Sales of Anta Branded Products Recorded High-Single Digit Positive Growth
[Brokerage Focus] Guolian Securities first gives ANTA SPORTS (02020) a "Buy" rating, stating that its multi-brand strategy is advantageous.
Jingwu Financial News | Guolian Securities issued a Research Report stating that ANTA SPORTS (02020), through its forward-looking strategic layout, precisely captures market opportunities and has adopted a multi-brand strategy for horizontal expansion, becoming the absolute leader in the domestic sports apparel Industry. Established in 1991, ANTA acquired FILA in 2009 and officially established its multi-brand strategy in 2016, subsequently acquiring Descente, Kolon, and other brands; through external brand acquisitions and actively nurturing incremental growth, the company's revenue and attributable profit size far exceed its peers, making it China's largest sports footwear and apparel group. In 2019, the company established a consortium to acquire an international sports brand group.