0122 GMT - Anta Sports Products' outperformance versus its peers is likely to be sustained despite macro headwinds, say DBS Group Research's Alison Fok and Mavis Hui in a note. The sports apparel maker's 1Q operating results came in ahead of market expectations, with its Fila brand sales achieving low-teens growth in the quarter, the analysts say. Its main Anta brand sales also performed better than expected, growing by single digits compared with a decline in 4Q. The company noted encouraging signals from Nike's intention to reduce discounting in the China market, which could drive healthier industry discount levels. DBS reiterates its buy rating and maintains its target price of HK$109.00. Shares last closed at HK$84.95.(megan.cheah@wsj.com)
(END) Dow Jones Newswires
April 14, 2026 21:22 ET (01:22 GMT)
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