HK $224.35 Billion! Anta Total Market Value Catch Up With The Epidemic Situation Before The Record High!

Anta sports (Stock Code: 02020. HK) rose 5.22% to HK $81.65 per share, a record high, with a total market value of more than HK $220 billion.

Anta's market value has experienced several important nodes in the past four years. The market value of Anta exceeded HK $60 billion in 2016, HK $100 billion in January 2018 and HK $200 billion in October 16, 2019. From 100 billion to 200 billion, Anta only took one year and nine months.

Since then, Anta's share price continued to rise. Affected by the new crown pneumonia epidemic, Anta's share price fell to a low of HK $41.64 in mid March. Subsequently, Anta's stock price volatility returned, and in the past five months, it kept rising. As of yesterday's intraday market value broke through its all-time high, and its share price almost doubled from its lowest point in March.

Anta's intraday market value reached a record high.

On August 11, the sports sector was favored by capital.

Li Ning recorded a record high of HK $30.00 per share, up 10.26%;

Anta's highest share was HK $79.300, up 8.33%;

The highest rise was HK $10.16%;

The highest increase was 3.83%;

4% at 361 degree.

In addition, in the capital market, UBS, Guotai Junan, Huaxi Securities, HSBC international and other institutions have given Anta a "buy" or "increase" rating. They believe that Anta's retail sales declined in the first half of the year, but improved significantly in the second quarter. Considering Anta is the leader of domestic sports brands, Anta is optimistic about its future performance growth and maintains its "buy" or "overweight" rating.

However, many securities institutions also believe that although the epidemic has hit off-line sales of sporting goods, on the other hand, it also makes more people pay attention to physical exercise and increase sports consumption, so they are optimistic about the sports sector for a long time.

In the international market, the share prices of Nike and Adidas seem to prove this. Nike had a record high share price of $107.33 on August 12, while Adidas rose 11.9% from August 5 to August 13.

As for the competition between Anta and the two major international brands, some experts believe that proper control of the epidemic situation in the domestic market has become the focus of brand development. For Nike and Adidas, the Chinese market is an important support to make up for the sharp decline in performance, so they adopt the strategy of price reduction. "Anta has been faced with the impact of" dimension reduction "in the price of two strong brands

However, some observers believe that Anta's financing may provide support for its overtaking on the curve, "Nike and Adidas have bigger plates, and the performance of China's market has limited help to its international business decline. Anta benefited from earlier and better response measures in the early stage of the epidemic and had more opportunities to offset the impact of the epidemic. It may be an opportunity for Anta to further catch up with the two major brands. "

As of the 14th, Anta sports daily had a share price of HK $83.0, up 3.69%, with a total turnover of 11.601 million shares, up for four consecutive days, with a total market value of HK $224.350 billion.