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Private Companies Account for 52% of ANTA Sports Products Limited's (HKG:2020) Ownership, While Individual Investors Account for 31%
Saudi Arabia issued the first china H-share ETF, raising over one hundred billion! Becoming the largest ETF in the local market
The securities department of Albilad Bank has raised 10 billion Hong Kong dollars (equivalent to 1.3 billion US dollars) for its Albilad CSOP MSCI Hong Kong China ETF.
Sporting goods stocks mostly up, xtep int'l (01368) up nearly 3%. 12 sports outdoor brands on Tmall's singles' day sales surpassed billion in transactions.
Kingwus Financial News | Most of the sporting goods stocks are up, xtep int'l (01368) up 2.85%, li ning (02331) up 2.27%, anta sports (02020) up 1.05%, topsports (06110), yue yuen ind (00551) follow the uptrend. At 8 pm last night, Tmall november 11 shopping festival-related officially started selling spot goods, with the top brands in the sports and outdoor industry, including fila, nike, adidas, the north face, anta, camel, lululemon, jordan, descente, li ning, skechers usa, NEW BALANCE, 12 brands with transactions exceeding one billion. Earlier in the sports and outdoor industry forecast
6.1% Earnings Growth Over 3 Years Has Not Materialized Into Gains for ANTA Sports Products (HKG:2020) Shareholders Over That Period
[Brokerage Focus] Guotai Junan Securities maintains a "buy" rating on Anta Sports (02020), expecting improved revenue in Q4.
Jingu Finance News: Guotai Junan International has released research reports stating that Anta Sports (02020) disclosed its 24Q3 revenue situation, with the Anta main brand recording m-digit growth year-on-year; FILA recorded a slight decrease in unit numbers year-on-year; other brands recorded a 45-50% year-on-year growth. The report mentioned that during the National Day period, the main brand's customer flow and conversion rate performed well, and FILA's customer flow also performed relatively well, expecting the main brand and FILA's revenue performance to outperform the industry. Considering the recent consumer stimulus policies, as well as the upcoming Q4 major online e-commerce promotions (singles' day sales presale already started), it is expected that Q4 revenue will improve, and the annual profit margin is expected to be maintained.
[Brokerage Focus] Fangzheng Securities maintains a "strong recommendation" rating on Anta Sports (02020), pointing out that its growth has long-term sustainability.
Jingu Financial News | Fangzheng Securities issued research reports stating that Anta Sports (02020) in 3Q24 saw an increase in the number of Anta brand transactions on a monthly basis, with significant fluctuations. In terms of business, Anta's large goods and children's products are showing growth in mid-single digits, while the e-commerce channel continues to grow by 20%+. Looking at different city levels, Anta's core brand performance is relatively strong; street-side stores and sinking channels are under some pressure. Anta's offline discount remains stable, online discount rates have improved; inventory turnover days are kept within 5 months, maintaining a healthy level of dynamic management. The firm continues to point out that the performance of Anta and Fila brands during the golden week exceeded expectations, with
每天都在學習中 : Bullish on Alibaba.$BABA-W (09988.HK)$ Buy around $90 on dips.