Changes in Hong Kong stocks | Anta Sports (02020) rose more than 3% in Q1, all brands achieved good turnover growth and plan to acquire Wolf Claw to improve the brand matrix

The Zhitong Finance App learned that Anta Sports (02020) rose more than 3%. As of press release, it had risen 3.15% to HK$88.3, with a turnover of HK$887 million.

According to the news, recently, Anta Sports announced the operating report for the first quarter of 2025. The retail sales of the main brand Anta achieved a high year-on-year increase; FILA's retail sales achieved a high year-on-year increase in units. Other brands achieved positive growth of 65%-70% year over year. Additionally, Anta Sports announced the wholly-owned acquisition of the well-known German outdoor brand Jack Wolfskin (Wolf Claw), with a basic consideration of US$290 million in cash. Guojin Securities said that the main brand is growing steadily and the new brand matrix is developing rapidly, and it continues to be optimistic about the company's development. Tianfeng Securities believes that as a leading sports brand enterprise, the company has a rich brand matrix and fully benefits from sports and outdoor dividends.