An Anta store in Shenzhen. The Chinese sportswear maker has been kitting out China’s Olympics team since 2016. Photo: CWH
An Anta store in Shenzhen. The Chinese sportswear maker has been kitting out China’s Olympics team since 2016. Photo: CWH

Winter Olympics partner Anta’s owner donates shares worth US$1.2 billion to charity amid China’s common prosperity push

  • The share transfer is part of Chinese tycoon Ding Shizhong and his family’s pledge to donate 10 billion yuan (US$1.6 billion) to Hemin Foundation
  • The donation will help the company’s image as it contributes to China’s common prosperity drive and meets investors demand on ESG, analyst says

Topic |   ESG investing
An Anta store in Shenzhen. The Chinese sportswear maker has been kitting out China’s Olympics team since 2016. Photo: CWH
An Anta store in Shenzhen. The Chinese sportswear maker has been kitting out China’s Olympics team since 2016. Photo: CWH
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