0915 GMT - Anta Sports Products is likely to face earnings pressure in the near term, HSBC analysts say in a research note. The company's 3Q results were weaker than expected, partially because of a softer-than-expected retail environment, the analysts say. The company's Anta brand is likely see slower revenue growth and a thinner operating profit margin than previously expected in 2025, they note. HSBC lowers its 2025 net profit forecast for Anta by around 8% on a lower revenue forecast. HSBC maintains its buy rating on the stock and lowers the target price to HK$118.30 from HK$126.30. Shares last closed at HK$84.05. (tracy.qu@wsj.com)
(END) Dow Jones Newswires
October 28, 2025 05:15 ET (09:15 GMT)
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