https://www.scmp.com/rss/517698/feed Anta is China's largest sportswear firm, producing sports equipment, footwear, apparel and accessories. It has more than 12,000 stores in around 300 cities in China, selling its own-branded products in addition to acquired brands, including FILA as well as Salomon, Arc'teryx and Wilson. In recent years, its products have gained popularity in China owing to a trend among Gen Z consumers to buy things that are made in China. en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com Aileen Chuang Aileen Chuang Private equity and other investment firms remain broadly optimistic about deploying capital in acquisitions and initial public offerings (IPOs) globally, supported by ample dry powder and diversification efforts while keeping a close eye on geopolitics, according to senior investment bankers. As geopolitical uncertainty had become a constant factor in the global market in recent years, “we are broadly optimistic about the opportunities”, Ashu Khullar, head of global asset managers at Citigroup,... https://www.scmp.com/business/banking-finance/article/3345981/investment-firms-remain-upbeat-deals-despite-geopolitical-tensions-bankers-say?utm_source=rss_feed https://www.scmp.com/business/banking-finance/article/3345981/investment-firms-remain-upbeat-deals-despite-geopolitical-tensions-bankers-say?utm_source=rss_feed Mon, 09 Mar 2026 09:45:08 +0000 Cao Li Cao Li China’s major sportswear makers have shrugged off soft consumer spending and a warm winter, according to analysts. Retail sales in China’s sportswear sector picked up in the first two months of 2026 and beat expectations, helped by fresh policy support and Chinese New Year demand, analysts said. Separately, Chinese households also tuned into the Winter Olympics, where domestic sportswear giants Li Ning and Anta had high visibility. “We are turning more positive on the China sportswear industry... https://www.scmp.com/business/article/3345011/warm-winter-no-match-chinas-sportswear-sector-posts-surprise-growth?utm_source=rss_feed https://www.scmp.com/business/article/3345011/warm-winter-no-match-chinas-sportswear-sector-posts-surprise-growth?utm_source=rss_feed Sun, 01 Mar 2026 10:00:18 +0000 Zhang Shidong Zhang Shidong Hong Kong stocks rose in a relief rally on Wednesday, taking cues from a rebound in global tech stocks as concerns about disruption by artificial intelligence receded. The Hang Seng Index climbed 0.7 per cent to 26,765.72 at the close. The Hang Seng Tech Index slipped 0.2 per cent. On the mainland, the CSI 300 Index advanced 0.6 per cent and the Shanghai Composite Index added 0.7 per cent. HSBC Holdings surged 5.5 per cent to HK$142.70 after its full-year pre-tax profit beat estimates. Hotpot... https://www.scmp.com/business/china-business/article/3344526/hong-kong-stocks-rebound-relief-rally-global-ai-scare-fades?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3344526/hong-kong-stocks-rebound-relief-rally-global-ai-scare-fades?utm_source=rss_feed Wed, 25 Feb 2026 02:03:32 +0000 Xiaofei Xu Xiaofei Xu With the Winter Olympics now under way in Milan and Cortina, Chinese brands involved in the Games are mounting an ambitious marketing push across Italy and Europe, with sportswear and sports equipment naturally taking centre stage. At the forefront is Li Ning, the company supplying the national team with clothing and gear for the competition after returning as the official partner of the Chinese Olympic Committee (COC) – a role that had previously ended in 2004. The partnership coincides with Li... https://www.scmp.com/economy/china-economy/article/3342687/chinese-sports-brands-set-sights-european-expansion-2026-winter-olympics?utm_source=rss_feed https://www.scmp.com/economy/china-economy/article/3342687/chinese-sports-brands-set-sights-european-expansion-2026-winter-olympics?utm_source=rss_feed Sat, 07 Feb 2026 08:00:15 +0000 Cheryl Arcibal Cheryl Arcibal Anta Sports, China’s largest sportswear firm, is acquiring 29 per cent of German brand Puma from Groupe Artemis of the Pinault family, one of France’s wealthiest, for €1.5 billion (US$1.8 billion). The Fujian-headquartered group said on Tuesday the deal would “accelerate” its multi-brand globalisation strategy, adding it had no plans to pursue a full takeover or make an offer for Puma Hong Kong. The deal is expected to be completed by the end of the year. “This acquisition makes Anta Sports the... https://www.scmp.com/business/article/3341333/chinas-anta-snags-puma-frances-pinault-family-us18-billion-deal?utm_source=rss_feed https://www.scmp.com/business/article/3341333/chinas-anta-snags-puma-frances-pinault-family-us18-billion-deal?utm_source=rss_feed Tue, 27 Jan 2026 03:47:36 +0000 Yulu Ao Yulu Ao Hong Kong stocks rose on Wednesday, tracking Wall Street’s rally, as investors grew more confident about earnings growth prospects despite fading expectations for near-term US rate cuts. The Hang Seng Index increased 0.2 per cent to 25,818.93 at the close of trading, erasing the 0.1 per cent loss recorded on Tuesday. The Hang Seng Tech Index climbed 0.4 per cent. On the mainland, the Shanghai Composite Index added 0.5 per cent while the CSI 300 Index lifted 0.3 per cent. Hong Kong’s stock market... https://www.scmp.com/business/china-business/article/3337558/hong-kong-stocks-rise-wall-street-rally-boosts-confidence-earnings-growth?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3337558/hong-kong-stocks-rise-wall-street-rally-boosts-confidence-earnings-growth?utm_source=rss_feed Wed, 24 Dec 2025 02:09:51 +0000 Zhu Wenqian Zhu Wenqian Alex Chen – a Beijing office worker in his late 30s – used to buy his trainers the way plenty of Chinese millennials did: by the swoosh, the stripes and the logo. As a teenager, he would hunt down Nike and Adidas basketball shoes, pulled in as much by the mythology as the materials. These days, he said, he shops differently. “I have always been a huge basketball fan of Michael Jordan and Kobe Bryant,” he said. “Back then, I would specifically seek out Nike and Adidas basketball shoes – wearing a... https://www.scmp.com/business/china-business/article/3337213/swoosh-local-nike-loses-ground-china-domestic-rivals-start-sprint?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3337213/swoosh-local-nike-loses-ground-china-domestic-rivals-start-sprint?utm_source=rss_feed Mon, 22 Dec 2025 00:30:11 +0000 Bloomberg Bloomberg Chinese sports apparel company Anta Sports Products is among firms exploring a potential takeover of Puma, according to people familiar with the matter. Hong Kong-listed Anta has been working with an adviser to evaluate a bid for Puma, said the people who asked not to be identified because the information was private. The company might team up with a private equity firm if it decided to move forward with an offer, some of the people said. Other potential bidders could include rival Chinese... https://www.scmp.com/business/companies/article/3334319/chinas-anta-considers-bid-german-sportswear-rival-puma-amid-62-stock-slump-sources?utm_source=rss_feed https://www.scmp.com/business/companies/article/3334319/chinas-anta-considers-bid-german-sportswear-rival-puma-amid-62-stock-slump-sources?utm_source=rss_feed Thu, 27 Nov 2025 05:51:13 +0000 Zhang Shidong Zhang Shidong The rally that lifted Hong Kong stocks to a three-week high took a respite on Tuesday, as investors awaited the high-stakes sit-down between President Xi Jinping and his US counterpart Donald Trump. The Hang Seng Index fell 0.3 per cent to 26,346.14 at the close. The Hang Seng Tech Index slid 1.3 per cent. Hong Kong’s market will be closed on Wednesday for a public holiday. On the mainland, the CSI 300 Index dropped 0.5 per cent. The Shanghai Composite Index lost 0.2 per cent, reversing a gain... https://www.scmp.com/business/china-business/article/3330549/hong-kong-stock-rally-pauses-after-rising-3-week-high-xi-trump-meeting-looms?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3330549/hong-kong-stock-rally-pauses-after-rising-3-week-high-xi-trump-meeting-looms?utm_source=rss_feed Tue, 28 Oct 2025 02:18:59 +0000 Yulu Ao Yulu Ao Hong Kong stocks closed flat on Friday as investors held back ahead of a closely watched talk between US President Donald Trump and Chinese President Xi Jinping, which could yield signals on tariffs, TikTok’s fate and the battle for tech dominance. The Hang Seng Index was little changed, closing at 26,545.10 and securing a 0.6 per cent gain for the week. The Hang Seng Tech Index advanced 0.4 per cent. On the mainland, the CSI 300 Index gained 0.1 per cent, while the Shanghai Composite Index lost... https://www.scmp.com/business/china-business/article/3326061/hong-kong-stocks-drop-second-day-investors-await-signals-trump-xi-call?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3326061/hong-kong-stocks-drop-second-day-investors-await-signals-trump-xi-call?utm_source=rss_feed Fri, 19 Sep 2025 02:23:20 +0000 Yulu Ao Yulu Ao Hong Kong stocks fell on Thursday after the Federal Reserve signalled a conservative approach on the pace of future easing. The Hang Seng Index declined 1.4 per cent to 26,554.85 at the close, after jumping as much as 0.6 per cent to top 27,000 points. The Hang Seng Tech Index slid 1 per cent. On the mainland, the CSI 300 Index slipped 1.4 per cent, while the Shanghai Composite Index lost 1.2 per cent. WeChat operator Tencent Holdings slumped 3 per cent to HK$642, while home appliance producer... https://www.scmp.com/business/china-business/article/3325933/hong-kong-stocks-slip-feds-priced-rate-cut-fails-excite-investors?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3325933/hong-kong-stocks-slip-feds-priced-rate-cut-fails-excite-investors?utm_source=rss_feed Thu, 18 Sep 2025 02:17:59 +0000 Mark Greeven Mark Greeven When policymakers start using internet slang to describe the economy, it is a sign something is not right. The word neijuan was once used by Chinese students to depict burnout from seemingly pointless competition. Now it is showing up in policy language, to explain the growing economic strain caused by China’s price war. Too much supply and weak demand are pushing prices down. The deflationary pressure is building not just on company profits, but on the growth model that China has relied on for... https://www.scmp.com/opinion/china-opinion/article/3321819/china-needs-show-it-can-compete-more-price?utm_source=rss_feed https://www.scmp.com/opinion/china-opinion/article/3321819/china-needs-show-it-can-compete-more-price?utm_source=rss_feed Fri, 15 Aug 2025 01:30:09 +0000 Yulu Ao Yulu Ao Hong Kong stocks fell on Monday, as rising geopolitical tensions between the US and China and disappointing property sales data weighed on sentiment. The Hang Seng Index closed 0.6 per cent lower at 23,157.97 after slumping as much as 2.7 per cent. The Hang Seng Tech Index slipped 0.7 per cent. Mainland markets were closed for the Dragon Boat Festival holiday and will resume trading on Tuesday. Electric carmaker Li Auto tumbled 2 per cent to HK$110, while peer BYD lost 1.9 per cent to HK$385.40.... https://www.scmp.com/business/china-business/article/3312685/hong-kong-stocks-sink-most-2-months-us-china-trade-tensions-rise-again?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3312685/hong-kong-stocks-sink-most-2-months-us-china-trade-tensions-rise-again?utm_source=rss_feed Mon, 02 Jun 2025 02:37:06 +0000 Zhang Shidong Zhang Shidong Hong Kong stocks gained, reversing earlier losses, after a government report showed growth in profits for Chinese companies accelerated, underpinning efforts by global investors to diversify their investments away from the US amid global trade turmoil. The Hang Seng Index rose 0.4 per cent to 23,381.99 on Tuesday. The Hang Seng Tech Index added 0.5 per cent. On the mainland, the CSI 300 Index slipped 0.5 per cent while the Shanghai Composite Index declined 0.2 per cent. Meituan rallied 2.1 per... https://www.scmp.com/business/china-business/article/3311900/hong-kong-stocks-gain-earnings-outlook-meituan-outperforms-consensus?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3311900/hong-kong-stocks-gain-earnings-outlook-meituan-outperforms-consensus?utm_source=rss_feed Tue, 27 May 2025 02:43:39 +0000 Cao Li Cao Li Hong Kong stocks rose for a fifth straight trading day on anticipation of US-China trade talks later this week, coupled with a policy package from Beijing aimed at protecting the economy against tariffs. The Hang Seng Index rose 0.1 per cent to 22,691.88 at the close on Wednesday, while the Hang Seng Tech Index was down 0.8 per cent. Both indices were higher earlier in the day. On the mainland, the CSI 300 Index closed 0.6 per cent higher and the Shanghai Composite Index rose 0.8 per... https://www.scmp.com/business/article/3309339/hong-kong-stocks-rise-ahead-us-china-trade-talks-focused-de-escalation?utm_source=rss_feed https://www.scmp.com/business/article/3309339/hong-kong-stocks-rise-ahead-us-china-trade-talks-focused-de-escalation?utm_source=rss_feed Wed, 07 May 2025 02:04:43 +0000 Premier Li Qiang has called on China’s foreign trade enterprises to enhance their “ability to combat storms” amid mounting external challenges linked to increased American tariffs. “The current foreign trade situation is complex and severe,” Li said at a symposium with enterprise representatives during an inspection tour of the southeastern province of Fujian from Tuesday to Thursday. “We must remain committed to opening up … unite, and face challenges together – continuously enhancing our... https://www.scmp.com/economy/china-economy/article/3303305/chinas-premier-tells-foreign-trade-enterprises-be-ready-combat-storms?utm_source=rss_feed https://www.scmp.com/economy/china-economy/article/3303305/chinas-premier-tells-foreign-trade-enterprises-be-ready-combat-storms?utm_source=rss_feed Fri, 21 Mar 2025 06:20:05 +0000 Yuke Xie Yuke Xie Slowing consumption in China and fierce competition from domestic rivals have weighed on the performance of many international consumer brands. And yet a select few, including Lululemon, Adidas, and Ralph Lauren, have managed to outperform their peers and post strong revenue growth in recent months. A key factor driving their success may be a growing polarisation of consumer preferences. Budget-conscious shoppers are seeking greater value for their money, while higher-income consumers continue... https://www.scmp.com/business/companies/article/3279323/how-5-international-brands-are-charting-growth-china-despite-miserly-consumers?utm_source=rss_feed https://www.scmp.com/business/companies/article/3279323/how-5-international-brands-are-charting-growth-china-despite-miserly-consumers?utm_source=rss_feed Sun, 22 Sep 2024 03:30:13 +0000 Martin Choi Martin Choi Anta Sports Products, which supplied the Chinese athletes’ podium uniforms during the 2024 Paris Olympics, reported a surge in its interim profit as its global profile and exposure translated to increasing online sales. Net profit jumped 62.6 per cent to 7.7 billion yuan (US$1.08 billion) in the first six months of 2024, beating the consensus analysts’ forecast compiled by S&P Capital IQ. Sales increased to 33.7 billion yuan, 13.8 per cent more than the same period last year, according to the... https://www.scmp.com/business/companies/article/3276121/antas-first-half-profit-jumps-626-its-dragon-outfit-and-olympic-kit-boosted-sales?utm_source=rss_feed https://www.scmp.com/business/companies/article/3276121/antas-first-half-profit-jumps-626-its-dragon-outfit-and-olympic-kit-boosted-sales?utm_source=rss_feed Tue, 27 Aug 2024 13:30:10 +0000 Yuke Xie Yuke Xie Middle-market apparel brands, once embraced by Chinese consumers for their affordability, are facing softening demand in the world’s second-largest economy as buyers opt for better value and consumption downgrade persists. Fast Retailing, the company behind Japanese brand Uniqlo, this month said revenue from its mainland China market had “struggled” in the nine months through May 31 from a year earlier, citing waning demand and a mismatch in its product offerings and local preferences. The shift... https://www.scmp.com/business/companies/article/3272993/uniqlo-nike-global-clothing-brands-struggle-china-against-white-labels-amid-consumption-downgrade?utm_source=rss_feed https://www.scmp.com/business/companies/article/3272993/uniqlo-nike-global-clothing-brands-struggle-china-against-white-labels-amid-consumption-downgrade?utm_source=rss_feed Sun, 04 Aug 2024 01:30:18 +0000 Amer Sports, backed by China’s biggest sportswear maker Anta Sports Products, made a winning start as a listed company after its shares rose by 3.1 per cent in New York on Thursday. Shares of the Finland-based company closed at US$13.40, giving the owner of Wilson, Salomn and Arc’teryx brands a market value of US$6.6 billion. The stock traded 0.2 per cent to 6.2 per cent higher during the trading hours. Amer raised about US$1.4 billion from the sale of 105 million shares at US$13 each, below the... https://www.scmp.com/business/banking-finance/article/3250654/amer-backed-anta-sports-makes-winning-debut-new-york-after-us14-billion-stock-offering?utm_source=rss_feed https://www.scmp.com/business/banking-finance/article/3250654/amer-backed-anta-sports-makes-winning-debut-new-york-after-us14-billion-stock-offering?utm_source=rss_feed Fri, 02 Feb 2024 02:28:21 +0000 Anta Sports Products, China’s biggest sportswear maker by market value, is seeking to raise HK$11.8 billion (US$1.5 billion) from a stock placement at a discount to the market price to help pare debt. The stock slumped by the most in six months. The company plans to issue 119 million new shares at HK$99.18 each to entities linked to its founder and controlling shareholder Ding Shizhong, according to a stock exchange filing on Tuesday, or 8.8 per cent below its last-traded price. The sale is a... https://www.scmp.com/business/china-business/article/3217413/anta-sports-seeks-us15-billion-equity-placement-market-discount-triggering-stocks-worst-sell-six?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3217413/anta-sports-seeks-us15-billion-equity-placement-market-discount-triggering-stocks-worst-sell-six?utm_source=rss_feed Tue, 18 Apr 2023 05:01:11 +0000 Zhang Zhe, born in 1999, has many Chinese-branded cosmetic products or make-up items with Chinese designs. “I like designs with Chinese elements,” says Zhang. “They are as good as overseas brands in quality. Now there are more Chinese make-up brands in my cosmetics collection.” Zhang’s shopping habits reflect the popularity of guochao, a trend that translates as “China chic” and has been embraced by the nation’s millennials and Gen Z. The trend became even more popular after the Winter Olympics... https://www.scmp.com/lifestyle/fashion-beauty/article/3173358/chinese-gen-z-want-china-chic-not-foreign-brands-rise-anta?utm_source=rss_feed https://www.scmp.com/lifestyle/fashion-beauty/article/3173358/chinese-gen-z-want-china-chic-not-foreign-brands-rise-anta?utm_source=rss_feed Fri, 08 Apr 2022 04:15:23 +0000 Hong Kong stocks rose as Anta Sports rallied on southbound fund buying. Losses in Hong Kong Exchanges & Clearing (HKEX) and Meituan limited gains as investors waited for the Federal Reserve policy statement. The Hang Seng Index advanced 0.5 per cent to 29,071.34 at the close of Wednesday trading, halting a two-day decline. The Shanghai Composite Index rose 0.4 per cent to 3,441.10, after swinging between gains and losses for more than 10 times during the session. Anta led the market higher with... https://www.scmp.com/business/china-business/article/3131361/hong-kongs-hang-seng-index-see-saws-indecisive-trading?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3131361/hong-kongs-hang-seng-index-see-saws-indecisive-trading?utm_source=rss_feed Wed, 28 Apr 2021 03:01:10 +0000 Chinese consumers have turned to domestic sports apparel brands Anta Sports and Li-Ning amid a boycott of foreign brands that had announced they would cease using cotton from China’s Xinjiang region over concerns about the possible use of forced labour in its production. As the leading domestic sportswear brands, Anta Sports and Li-Ning had 15.4 per cent and 6.7 per cent shares respectively of China’s sportswear and athleisure market, according to Euromonitor International, a market research... https://www.scmp.com/lifestyle/fashion-beauty/article/3129648/anta-sports-and-li-ning-rival-nike-and-adidas-sportswear?utm_source=rss_feed https://www.scmp.com/lifestyle/fashion-beauty/article/3129648/anta-sports-and-li-ning-rival-nike-and-adidas-sportswear?utm_source=rss_feed Thu, 15 Apr 2021 23:15:07 +0000 Chinese online food delivery giant Meituan will become a major constituent of the Hang Seng Index from December 7, in a long-awaited move that will further raise the status of technology companies in Asia’s third-largest stock market. Sportswear maker Anta Sports and Budweiser Brewing Company APAC will also become component stocks of Hong Kong’s benchmark shares gauge, index compiler Hang Seng Indexes said in a statement on Friday. The latest quarterly “rebalancing” takes the number of... https://www.scmp.com/business/markets/article/3109805/budweiser-anta-sports-and-food-delivery-giant-meituan-get-green?utm_source=rss_feed https://www.scmp.com/business/markets/article/3109805/budweiser-anta-sports-and-food-delivery-giant-meituan-get-green?utm_source=rss_feed Fri, 13 Nov 2020 11:41:44 +0000 Well that wraps up another day -- It was a disappointing one for Hong Kong, where shares finished flat.  But President Trump's sudden optimism about a trade deal at the G7 proved a tonic for Chinese shares, which finished higher today. They were also boosted by the fact they're about to get a higher weighting in MSCI indexes. Join us tomorrow! If you have any feedback about our live stocks blog, please contact Deb Price at deb.price@scmp.com -- Georgina Lee, Anthony Richardson and Deb Price in... https://www.scmp.com/business/markets/article/3024456/stocks-blog-will-trumps-overnight-u-turn-trade-boost-hong-kong?utm_source=rss_feed https://www.scmp.com/business/markets/article/3024456/stocks-blog-will-trumps-overnight-u-turn-trade-boost-hong-kong?utm_source=rss_feed Tue, 27 Aug 2019 01:11:36 +0000 Shares in Anta Sports, a leading Chinesesportswear company, rose by close to 3 per cent in early morning trade on Friday following an announcement that it had acquired the rights to children’s clothing brand King Kow. Anta hopes to take advantage of an expected surge in the Chinese children’s wear market. “With the introduction of the two-child policy by the Chinese government, the growth of the children's wear market is widely expected to accelerate,” said Ding Shizhong, the Anta chairman and... https://www.scmp.com/business/companies/article/2116248/anta-sports-bets-chinas-two-child-policy-acquisition-clothing?utm_source=rss_feed https://www.scmp.com/business/companies/article/2116248/anta-sports-bets-chinas-two-child-policy-acquisition-clothing?utm_source=rss_feed Fri, 20 Oct 2017 05:56:00 +0000 Shares of Anta Sports Products rose as much as 4.7 per cent yesterday, driven by the mainland sportswear retailer's plan to pay high dividends despite a sharp fall in profit. Some analysts said the sportswear industry on the mainland had not bottomed out yet and this year would be even tougher for major players such as Anta. Anta rose to HK$7.82 from HK$7.47 after the board recommended a final dividend of 17 HK cents plus a special payout of eight HK cents per share for last year. The stock... https://www.scmp.com/business/companies/article/1158642/high-dividend-payout-sparks-rally-anta-sports-products-shares?utm_source=rss_feed https://www.scmp.com/business/companies/article/1158642/high-dividend-payout-sparks-rally-anta-sports-products-shares?utm_source=rss_feed Mon, 25 Feb 2013 16:00:00 +0000