China's ANTA Sports climbs to 10-1/2-month high on H1 profit jump

Anta Sports Products

27/08/2025 07:34

** Shares of ANTA Sports Products 2020.HK climb 2.8% to HK$106.3, their highest levels since October 8, 2024

** China's homegrown sportswear group reported a 7.1% y/y rise in H1 net profit, revenue up 14.3% y/y and operating profit margin increased by 0.6 percentage points to 26.3%

** ANTA says its unit has teamed up Korean fashion platform company MUSINSA Co Ltd to set up a 40%-owned joint venture to operate Korean fashion businesses in Mainland China, Hong Kong and Macao

** Hang Seng Consumption Index .HSCGSI falls 1.6%,  benchmark Hang Seng Index .HSI slips 0.8%

** ANTA Sports stock up 31%, YTD

 (Reporting by Donny Kwok)

 ((donny.kwok@thomsonreuters.com))