MSANTAS@EC2611A

ANTA Acquires Equity in MUSINSA and Fully Acquires German Brand Jack Wolfskin

ANTA's First North American Flagship Store Opens in Beverly Hills, Los Angeles

ANTA Sports Products Receives Shareholder Approval in Writing

ANTA Sports Products Limited Acquires 29.06% of PUMA SE Shares

Li-Ning Secures Olympic Clothing Sponsorship Again, Anta Markets Panda Hats

ANTA Opens First US Store and Signs NBA Stars

Citi Analysis: Anta's Acquisition of Puma Expected to Positively Impact China Business

Anta Acquires Nearly 30% Stake in Puma for 1.23 Billion Yuan

ANTA to Open Its First US Flagship Store

ANTA Plans to Open Its First US Flagship Store

ANTA plans to acquire 29% of PUMA shares to accelerate global layout

Shanghai Pudong Development Bank Maintains Buy Rating for Anta Sports, Target Price at HKD 97.30

ANTA Becomes Gold Sponsor for Greece Olympic Committee in 2026 Winter Olympics

Emperor Securities Maintains Buy Rating for Anta Sports, Target Price at 108.00 HKD

Anta Sports Plans to Acquire 29.06% of PUMA for 1.5 Billion Euros

GF Securities and DBS Maintain Buy Ratings on Anta Sports

Anta Internal Reorganization: Ding Shaoxiang Takes Over MAIA ACTIVE

CICC Report: Anta's Acquisition of PUMA Seen as Reasonable and Helpful for Boosting International Competitiveness

MUSINSA Opens New Stores in China and Forms Joint Venture with Anta

CITIC Securities Reiterates Buy Rating on Anta Sports

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The Lyon Research Report pointed out that the overall performance of consumption in mainland China during the Spring Festival holiday is positive, with good enthusiasm for travel. The average daily passenger flow for cross-border tourism has increased by about 14% year-on-year. Consumption at Hainan duty-free shops remains resilient, but box office revenues have hit an eight-year low. Sales of gold and jewelry are affected by fluctuations in gold prices, with some luxury brands performing strongly. Lyon believes that the Spring Festival data leans towards strong travel and tourism, with high-end consumption performing well, recommending stocks such as SAMSONITE and ANTA SPORTS

AASTOCKS

SAMSONITE

ANTA SPORTS

In "The Big Banks," Citigroup pointed out that the overall performance of consumption in mainland China during the Spring Festival holiday is positive, benefiting preferred stocks including SAMSONITE and ANTA SPORTS

ANTA opened its first flagship store in North America in Beverly Hills, Los Angeles, marking the brand's first offline direct-operated store in the U.S. This move aims to break the traditional model of Chinese brands relying on wholesalers and agents, leveraging ANTA's "brand + retail" business model and DTC capabilities to promote global development

ANTA's first flagship store in North America opened in Beverly Hills, Los Angeles

Anta Sports Products gets written shareholders' approvals from Anta International, units

marketscreener

Anta Sports Products gets written shareholders' approvals from Anta International, units

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Anta Sports, China's leading sportswear company, has acquired a 29% stake in Puma for $1.8 billion, aiming to compete with Nike and Adidas. With a market valuation of $28 billion, Anta holds 23% of China's sportswear market. Founder Ding Shizong seeks to make Anta the largest sportswear conglomerate globally. The acquisition strategy may continue, as Anta plans to expand its global presence, particularly in Southeast Asia, while leveraging Puma's brand recognition to enhance its market position.

Businesstimes News

Adidas

Amer Sports

adidas AG

China Universal CSI Consumer Staples ETF

Nike

Global X China Consumer

PUMA SE

China Merchants SSE Consumer 80 ETF

With Puma stake, China’s Anta seeks to enter the arena with Nike and Adidas

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Chinese firms, led by Anta and TCL, are resuming foreign acquisitions to counter a sluggish domestic market. Anta has acquired a 29% stake in Puma, while TCL has taken over Sony's home entertainment division. This trend reflects a strategic shift as companies seek growth abroad amid a weak consumer economy. Conversely, China Merchants Bank is adopting a cautious approach, reporting minimal profit growth and a low non-performing loan ratio, indicating a focus on loan quality over aggressive expansion. These developments highlight the diverging paths of Chinese corporations in response to economic challenges.

benzinga_article

Sony Group Corporation

TCL TECH.

Huaan CSI Banks ETF

CM BANK

China Merchants Bank

Chinese Firms Resume Global Dealmaking, As A Top Lender Stalls

Celebrated sportswear giant ANTA is making a significant move into the U.S. market with a grand opening event in Beverly Hills on Feb. 3, 2026. The world-renowned company, known for its rapid growth, is establishing its inaugural U.S. flagship store. The opening ceremony features basketball stars Kyrie Irving and Klay Thompson in a ribbon-cutting ceremony, highlighting the company's entry into the American sporting industry. This expansion marks a key milestone for ANTA as they continue their global success story.

Unusual Whales

ANTA opens first U.S. flagship store in Beverly Hills with NBA stars Kyrie Irving and Klay Thompson. Major U.S. expansion.

ANTA, a leading global sportswear company, is set to open its first U.S. flagship store in Beverly Hills on February 13th. The grand opening will feature a ribbon-cutting ceremony with NBA stars Kyrie Irving and Klay Thompson, marking a significant milestone in ANTA's expansion into the U.S. market. The store, located at 330 N. Beverly Drive, will serve as a brand hub showcasing performance innovation and athlete-driven design, while also functioning as a community space with future programming. This opening reinforces ANTA's commitment to the U.S. and its long-term investment in the market.

prnewswire

12:15 ETANTA OPENS FIRST U.S. FLAGSHIP STORE IN BEVERLY HILLS

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- Anta has officially become a strategic partner of the Greek Olympic Committee, providing full ceremonial and living gear for the Greek delegation.  
- This partnership allows Anta’s logo to appear first in global broadcasts during the Milan Winter Olympics, putting pressure on Li Ning, which recently reclaimed sponsorship rights.  
- Both brands are navigating a competitive market, reflecting the anxiety of domestic sports brands seeking differentiation amid evolving marketing strategies.

Wallstreetcn

LI NING

ANTA and LI NING will face the "Milan Battle"

François-Henri Pinault sold his family's 29% stake in Puma to China's Anta for $1.8 billion, aided by an "anti-embarrassment" clause that guarantees additional payment if a higher bid arises within 15 months. Initially, Anta's offer of 35 euros per share was met with skepticism, but the clause helped finalize the deal amid Artemis's need to reduce debt and refocus investments. The sale reflects Artemis's strategy to prioritize controlled assets and redeploy resources, as Puma faces competitive pressures and declining stock value.

Reuters

FOCUS-From 'perfect fit' to farewell: How a price guarantee helped seal Pinault’s Puma exit

These consumer sector stocks are really laid back: Nongfu Spring, Mengniu, and Anta are as stable as a rock, with gains relying solely on a snail's pace, and occasional news stimulation barely makes a ripple.I thought Weilong might bring something new to the table, but it still couldn't escape the fate of following the market's flat trend.Honestly, the atmosphere in Hong Kong stocks is quite discouraging, but I'm used to it. No matter how much the food and beverage sector fluctuates, it won't fall too far.

WL DELICIOUS

NONGFU SPRING

MENGNIU DAIRY

Mengniu Dairy

ANTA SPORTS-R

ANTA

Conference Minutes

The following are the minutes of Anta's FY25 H1 earnings call organized by Dolphin Research. For an interpretation of the financial report, please refer to &#34;Anta Sports: Controlling Discounts, Clearing Inventory, Can the 'Slimming Plan' Succeed? - &#34;

Anta (Minutes): Outdoor brands will continue to maintain high growth rates

Financial Analysis

On the afternoon of August 27th, Beijing time, Anta (2020.HK) released its performance for the first half of 2025. Since the company had previously provided the sales data, there was not much deviation from expectations. However, the core point of market concern lies in the company's downward revision of the full-year guidance for its main brand and the declining profit margin.

Anta Sports: Controlling Discounts, Clearing Inventory, Can the 'Slimming Plan' Succeed?

Today’s Key News Recap

0804 | Dolphin Research Focus: 🐬 Stock 1, $Tesla(TSLA.US) Miami federal jury has ruled on a 2019 Florida Autopilot fatality case, requiring Tesla to pay a total of approximately $243 million to the victim's family and the injured, with punitive damages reaching as high as $200 million. According to U.S. judicial practice, the compensation amount is usually significantly reduced after an appeal. However, more importantly, over a dozen similar lawsuits are also being investigated by the NHTSA. If more courts accept the 'marketing misrepresentation' theory...

Tesla

Tesla's autonomous driving held liable; Anta responds to Reebok acquisition

The following is the minutes of Anta's FY24H2 earnings call. For the financial report interpretation, please refer to &#34;Anta Sports: Revenue through 'Running Shoes', Profit stepping on 'Laces'?&#34;

Anta Sports (Minutes): Niche high-end brands perform well

On the afternoon of March 19, Beijing time, Anta (2020.HK) released its full-year performance for 2024. Since Anta had already announced its operational performance for Q3 and Q4 of 2024 in January this year and October last year, the market's expectations for total revenue are relatively accurate. However, the core concern that has raised market worries is the decline in Anta's profitability

Venu

Anta Sports: Revenue is sprinting ahead while profits are tripping over their laces

$ANTA SPORTS(02020.HK) 24H2 Quick Interpretation: Overall, Dolphin Research believes that Anta's performance this time is mediocre. Although revenue and gross profit slightly exceeded expectations, due to intense market competition, Anta increased its market spending and related expenses, resulting in core operating profit slightly falling short of expectations, raising concerns among some investors.On the revenue side, whether it is Anta, FILA, or other brands, under the backdrop of weak consumer spending, all increased the launch of high-cost-performance products (such as PG7 running shoes) in 24H2, introduced store types like Super Anta with high cost-performance, and appropriately increased discount intensity through e-commerce to attract a large number of price-sensitive consumers, leading to revenue exceeding market expectations. Anta's market share in the entire sports footwear and apparel sector further increased to 23%.However, the result of this is that the gross profit margins of various brands under Anta experienced varying degrees of decline in 24H2, with FILA and the main Anta brand's gross profit margins decreasing by 3.3 percentage points and 1.5 percentage points year-on-year, respectively, while high-end brands like Descente and Kolon Sport saw relatively lower declines.On the expense side, on one hand, due to fierce market competition, Anta increased its marketing efforts; on the other hand, factors such as store upgrades and new store openings also led to an increase in the company's expense spending, causing Anta's core operating profit margin to decline to some extent.Regarding the guidance for 2025, the company plans to promote the high-cost-performance store type of Super Anta. Although the company claims in the announcement that the efficiency of Super Anta stores is more than three times that of ordinary stores, Dolphin Research believes that Super Anta also faces challenges of large size and high costs, and ultimately, it will depend on specific profitability. More information can be followed up in the subsequent conference call.

The return of Trump has left China with no policy options but one path—reflation, which includes asset reflation and price reflation.For China's economic growth, there are only two real drivers: leveraging and strong external demand. These are the fundamental sources of demand creation.Next year, external demand itself will weaken marginally. If Trump wields the tariff stick again, China will have to focus on internal reforms. Moreover, demand stimulation must target end-user demand, not intermediate investment demand.Over the past two years, Chinese assets have remained undervalued with high dividends. In 2025, cyclical and tech-upgrading sectors are likely to present opportunities (refer to the 2018 trade war).The path is singular and clear, making the game simple. Next year, the focus will likely be on cyclical sectors, especially in trading terms—front-loading policy expectations and back-loading implementation effects.The policy game has already begun today. In terms of timing, consumer goods, especially service-related consumption, must lead the cyclical upturn, as service consumption holds greater potential in China's domestic demand.Moreover, the results of the 8th meeting will soon be released, followed by the Central Economic Work Conference at year-end. Thus, consumer sectors are poised for an initial rally. With valuations at low levels, Dolphin Research believes now is the window to position in cyclical sectors, recommending focus on consumer sectors with solid fundamentals and low valuations. $YUM China(YUMC.US) $NONGFU SPRING(09633.HK) $TSINGTAO BREW(00168.HK) $HAIDILAO(06862.HK) $CHINA RES BEER(00291.HK) $ANTA SPORTS(02020.HK) Note that these overseas assets are purely listed in Hong Kong.Internet consumer stocks, mostly listed in the U.S. with higher U.S. capital weightings, face concerns about becoming part of the U.S.-China play. Thus, they need to digest negative sentiment first, but opportunities may emerge afterward.

HAIDILAO

YUM CHINA

YUM China

MSANTAS@EC2611A(24110.HK)

In "The Big Banks," Citigroup pointed out that the overall performance of consumption in mainland China during the Spring Festival holiday is positive, benefiting preferred stocks including SAMSONITE and ANTA SPORTS

ANTA's first flagship store in North America opened in Beverly Hills, Los Angeles

Anta Sports Products gets written shareholders' approvals from Anta International, units

With Puma stake, China’s Anta seeks to enter the arena with Nike and Adidas

Chinese Firms Resume Global Dealmaking, As A Top Lender Stalls