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<Research>BOCI Cuts ANTA SPORTS (02020.HK) TP to $113.5 as Weak Consumer Confidence More Worrisome
Although ANTA SPORTS (02020.HK)'s Amer brand recently released an optimistic 3Q25 outlook, controversy related to the marketing campaign launched by its Arc'teryx brand in ...
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<Research>BOCI Cuts ANTA SPORTS (02020.HK) TP to $113.5 as Weak Consumer Confidence More Worrisome
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Although ANTA SPORTS (02020.HK)  -1.950 (-2.100%)    Short selling $344.58M; Ratio 22.267%   's Amer brand recently released an optimistic 3Q25 outlook, controversy related to the marketing campaign launched by its Arc'teryx brand in Tibet prompted market scrutiny and concerns over the Group's overall sales performance, according to a research report by BOCI.

In contrast, the broker believed that, for ANTA SPORTS, more practical concerns may stem from the industry-wide issue of weak consumer confidence and hence intensifying competition.

Related NewsBEA Securities Rates ANTA SPORTS as Buy; 4Q Sales May Rebound
Despite the controversial incident, BOCI still viewed ANTA SPORTS as its top pick in the sportswear sector due to its multi-brand strategy, such as Descente, which may pay off. The broker cut its target price to $113.5, with rating at Buy.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-09-26 16:25.)

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