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Anta Sports (2020.HK): Excellent results in 2023, 24 years of continuous growth
Incident: Anta Sports recently released its 2023 annual report and operations for the first quarter of 2024. In 2023, it achieved operating income of 62.356 billion yuan, an increase of 16.2% over the previous year, and net profit attributable to the parent company (excluding joint ventures)
Intraday Overview | Hong Kong stocks fluctuated higher, the Tech Index rose more than 2%, and Shangtang surged nearly 30%
Technology stocks showed strong performance. Bilibili rose nearly 7%, Kuaishou rose more than 5%, and Lenovo Group rose nearly 5%.
Hong Kong Stock Concept Tracking | 2024 National Culture and Tourism Consumption Promotion Campaign Launched, International Agencies Are Optimistic About Consumer Profits (with Concept Stocks)
The UBS report indicates that listed consumer goods companies are performing better than overall consumption in the economy
Hong Kong consumer stocks continued to be active. Gome retail sales rose more than 8%, Li Ning rose more than 5%, and Teb International and Anta Sports followed suit.
Hong Kong consumer stocks continued to be active. Gome retail sales rose more than 8%, Li Ning rose more than 5%, and Teb International and Anta Sports followed suit.
Anta Sports (2020.HK): Performance is in line with expectations, growth can be expected throughout the year
The incident described that the company released retail data for 2024Q1. The turnover of Anta/FILA/other brands increased by 25% to 30% year-on-year in terms of units/high units/, and the turnover performance was in line with expectations. Event review Anta brand grows in March
Hong Kong Stock Afternoon Review | The three major indices strengthened, and the Tech Index rose nearly 3%; TechNet stocks had the highest gains, with Kuaishou up more than 7% and Meituan up more than 6%
Auto stocks had mixed ups and downs. NIO rose more than 5%, Ideal Auto fell more than 3%; many copper stocks fell, and China's nonferrous mining and mining resources fell nearly 3%.
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