---
title: "HSBC Research Cuts ANTA SPORTS TP to HKD93, Expects 1H26 Net Profit to Rise 4%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/293578499.md"
description: "HSBC Research lowered ANTA SPORTS' target price to HKD93 from HKD96.3, while maintaining a Buy rating. The broker expects first-half 2026 net profit to rise 4% year-on-year and revenue to grow 13%, supporting full-year targets. EPS forecasts and valuation assumptions were slightly reduced, though the multi-brand strategy is expected to drive growth above peers."
datetime: "2026-07-23T08:00:48.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/293578499.md)
  - [en](https://longbridge.com/en/news/293578499.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/293578499.md)
---

# HSBC Research Cuts ANTA SPORTS TP to HKD93, Expects 1H26 Net Profit to Rise 4%

HSBC Global Investment Research issued a report expecting ANTA SPORTS (02020.HK) +0.950 (+1.252%) Short selling $47.85M; Ratio 23.475% 's net profit for 1H26 to mount 4% YoY, and revenue to grow 13%, putting the company on track to meet its full-year targets. Its multi-brand portfolio should continue to drive revenue growth above peers and earnings resilience.

The broker maintained its Buy rating, while slightly lowering EPS forecasts and valuation assumptions. The TP was cut from HKD96.3 to HKD93.  
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-07-23 12:25.)

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