The Zhitong Finance App learned that Citibank released a research report saying that retail sales for the second quarter of Anta Sports (02020.HK) met expectations, while in a challenging retail environment, inventory and discount conditions were better than expected, adding the company to a 30-day short-term upward observation. Citi still regards Anta as the preferred stock purchase in China's sportswear sector and one of China's top ten consumer stocks. It believes that the valuation is attractive and maintains a “buy” rating, with a target price of HK$108.8.

The Zhitong Finance App learned that Citibank released a research report saying that retail sales for the second quarter of Anta Sports (02020.HK) met expectations, while in a challenging retail environment, inventory and discount conditions were better than expected, adding the company to a 30-day short-term upward observation. Citi still regards Anta as the preferred stock purchase in China's sportswear sector and one of China's top ten consumer stocks. It believes that the valuation is attractive and maintains a “buy” rating, with a target price of HK$108.8.