HK Stock Market Move | ANTA SPORTS (02020) rose more than 3% in the first quarter. All brands achieved good growth in revenue. It plans to acquire Wolf Claw to improve the brand portfolio.

ANTA SPORTS (02020) rose by more than 3%, reaching 3.15% at the time of publication, at 88.3 Hong Kong dollars, with a trading volume of 8.77 billion Hong Kong dollars. In terms of news, recently, ANTA SPORTS released its operating report for the first quarter of 2025. The main brand Anta achieved high single-digit growth in retail sales compared to the same period last year; FILA achieved high single-digit growth in retail sales compared to the same period last year. Other brands achieved a positive growth of 65%-70% compared to the same period last year. In addition, ANTA SPORTS announced the full acquisition of the well-known German outdoor brand Jack Wolfskin, with a base price of 290 million US dollars in cash. Sinolink stated that the steady growth of the main brand combined with the rapid development of the new brand matrix is optimistic about the company's development. Tianfeng believes that as a leading sports brand company, the company's brand matrix is rich, benefiting fully from the sports and outdoor boom.