On July 28, ANTA SPORTS rose 3.42% in regular trading, trading at HK$78.55/share, with turnover of HK$97.79 million.

On the news front, multiple international investment banks recently issued research reports in quick succession reaffirming bullish views on ANTA SPORTS. Citi initiated a 30-day positive catalyst watch, citing optimism about the company capturing market share from Nike China. Goldman Sachs reiterated its buy rating with a HK$108 target price, raising revenue forecasts for the next three years by up to 1.5%. Macquarie raised its target price to HK$125, while Daiwa upgraded the stock to buy and named it as its top pick in the Chinese sportswear sector.

The company's Q2 operational data showed that both the ANTA brand and FILA recorded low single-digit retail sales growth, while premium outdoor brands Descente and Kolon achieved 25%-30% growth. Inventory levels and discount rates remained healthy across all brands, and management maintained its full-year double-digit revenue growth target. Multiple brokerages noted the company continues to outperform peers, with its multi-brand matrix demonstrating strong resilience amid a challenging consumption environment.

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