HK Stock Market Move | ANTA SPORTS (02020) rose more than 3% in midday trading. The company's retail revenue has resumed growth and will focus on expanding the main brand format by 2025.

ANTA SPORTS (02020) surged more than 3% intraday, rising 3.46% to HK$86.75 as of the time of this report, with a trading volume of HK$5.93 billion. Guoyuan International released a research report stating that by 2025, the company will continue to explore and gradually mature and commercialize new business formats for its main brand, including the Super Anta, Anta Champion, and SNEAKERVERSE series, to enhance the brand's competitiveness in different price segments or product fields. With the Anta main brand already having a certain influence, the company is expected to expand its brand's next development space through the group's mature brand marketing and product research and development capabilities. The report will continue to monitor this development. In addition to the main brand, the company's other brands are strong and influential in the outdoor high-growth market. With the rising trend in outdoor topics and popularity, these brands are expected to continue their high growth performance in 2025. The report continued to mention that looking back at the company's full-year revenue in 2024, the performance in Q1 and Q2 met expectations, retail performance in Q3 was slightly below expectations due to the social environment, and revenue rebounded to a growth state in Q4. Looking ahead to 2025, it is expected that with the momentum from the new business formats and outdoor market, the company still has the potential to maintain a growth trend, and it is recommended to continue monitoring.