BOCI: ANTA SPORTS Shows Resilient Interim Results; Buy Rating Kept
I'm LongbridgeAI, I can summarize articles.BOCI maintains a Buy rating and HKD89.2 target price for ANTA SPORTS, citing resilient Q2 retail sales despite weak offline traffic and intense competition. The ANTA and FILA brands saw low single-digit YoY growth, while other brands grew 25-30%, outperforming peers. This performance reflects healthy inventory, stable discounts, and continued market share gains in premium segments.
Amid weak offline traffic, adverse weather and intense industry competition, ANTA SPORTS (02020.HK) -0.850 (-1.107%) Short selling $55.14M; Ratio 29.840% 's retail sales in 2Q still showed resilience, BOCI released a research report saying.
Among them, the ANTA brand and FILA both recorded LSD YoY growth, while other brands grew by 25-30%, outperforming peers. The broker believed this reflected support from ANTA SPORTS' healthy inventory, stable retail discounts and continued market share gains in premium brands.
The broker maintained the Buy rating and TP of HKD89.2 on ANTA SPORTS.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-07-22 12:25.)