The Zhitong Finance App learned that Bank of America Securities released a research report stating that retail sales for the second quarter of Anta Sports (02020.HK) met expectations and reaffirmed the “buy” rating. Target price HK$102.5. According to the report, both the Anta brand and the FILA brand recorded low unit growth in the second quarter, while other brands increased by 25-30%. Although it is slower than the first quarter, it is in line with overall industry trends. The company expects to meet the full year guidelines. The bank generally maintains its core net profit forecast.

The Zhitong Finance App learned that Bank of America Securities released a research report stating that retail sales for the second quarter of Anta Sports (02020.HK) met expectations and reaffirmed the “buy” rating. Target price HK$102.5. According to the report, both the Anta brand and the FILA brand recorded low unit growth in the second quarter, while other brands increased by 25-30%. Although it is slower than the first quarter, it is in line with overall industry trends. The company is expected to meet the full year guidelines. The bank generally maintains its core net profit forecast.