ANTA SPORTS (02020.HK) -1.750 (-2.151%) Short selling $173.18M; Ratio 18.803% failed to meet management expectations for its 3Q25 results, with retail sales for both the Anta and Fila brands recording only low single-digit growth YoY, according to a report from BOCI.Although part of the reason behind this failure was attributed to warmer autumn temperatures that affected recent sales, BOCI believed the key issue remained weak consumer confidence and intense market competition.Related NewsHSBC Research Remains Neutral on Consumer Stocks; 15th FYP May Boost Techs' RallyIn response, ANTA SPORTS lowered its full-year guidance for the core Anta brand, reducing the sales growth forecast from mid-single-digit to low single-digit growth YoY.Due to market concerns over the competitive environment in 4Q25 and the possibility of missing forecasts again, ANTA SPORTS is expected to face short-term valuation downgrade risks.Remaining confident in ANTA SPORTS' ability to maintain market leadership and outpace its peers through its multi-brand strategy, BOCI kept a Buy rating on the company but lowered its target price from HKD113.5 to HKD99.3.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-11-04 16:25.)