HK Stock Market Move | ANTA SPORTS (02020) rose nearly 5% during trading hours. The company is fully committed to advancing its globalization strategy and plans to open thousands of stores in Southeast Asia in the next three years.

ANTA SPORTS (02020) rose nearly 5% in midday trading, rising 3.02% to HK$97.15 at the time of writing, with a trading volume of HK$10.18 billion. On the news front, Wang Huayou, Vice President of ANTA SPORTS Goods Co., Ltd. and Chairman and President of ANTA Group Southeast Asia, recently stated that he is confident in the company's plan to have 1000 ANTA brand stores in the Southeast Asian market in the next three years, achieving the goal of a thousand stores. It is reported that ANTA is currently fully promoting its globalization strategy, with its Southeast Asian headquarters based in Singapore, using the region as a foothold to strengthen market dominance and gradually expand into surrounding markets such as South Asia, Australia, and New Zealand. Lyon stated that ANTA is confident in achieving double-digit sales growth for the full year 2025, with signs of improvement showing in late August and September. The overseas business will increasingly contribute to revenue, with plans to expand the number of stores in ASEAN countries to 1000 within three years and over 200 by the first half of 2025. The management is implementing a multi-brand strategy to enhance operational superiority, and Lyon remains optimistic about ANTA's strong execution capabilities.