Anta Sports Rose 5% operation turn good big line also pursue sponsorship effect
Source: Internet
Author: User
Keywordshk
Anta Sports was remarkably well built this morning, with a share price of 5.29% to HK $9.36 and 5.8 million shares. Or the 01361-hk of the operating conditions announced by executives, and the shadow effect of the 361-degree share offer. According to Anta chief operating Officer Rai said that the first half of the product average price per unit increase, from March to May same-store sales also increased, materials in the second quarter of the same store sales growth rate than the first quarter. and the 361-degree IPO is being carried out in an ideal market, which has left the focus on mainland sports brand stocks. With this death, Anta also announced that its products have been designated as the exclusive sponsor of the Chinese delegation for a number of international events, including the 2012 London Olympics, which is expected to enhance its brand awareness and image. Credit Suisse issued a report saying it maintained the shares to win the big city rating, giving a target price of HK $10.05, a 7% premium over market value. The latest sponsor status gives Anta a huge platform to differentiate it from other sporting brands in the next 4 years, and if implemented well, it will increase consumer awareness of the brand and promote Anta's penetration in the Chinese market. Sun Hung Kai Securities also said that Anta sponsored the Chinese sports delegation, it will help to drive the brand effect, and the two or three-line city of the mainland with low consumption of Anta Li Hong, with its products selling at a lower price, is better than Li Ning (02331-hk), and the original production ratio of Anta is still high, and the retail network will be authorized to develop, Gross margin still has room for growth.
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