BUZZ-China's ANTA Sports rises on solid retail sales value growth, rivals climb

Reuters04-18

** Shares of China home grown sports group ANTA Sports Products Ltd rise 5.2% to HK$85.85, on track for their biggest one-day rise since April 2

** Stock hit highest since April 12 on the second session of gain; second-biggest gainer in Hang Seng China Enterprises Index

and fourth biggest in Hang Seng Index and Hang Seng Commerce & Industry Index

** Co says Q1 retail sales value of its ANTA branded products recorded mid-single digit positive growth YoY, FILA branded products posted high-single digit positive growth YoY, while all other branded products up 25-30% YoY

** Smaller rivals Li Ning Co Ltd climbs 0.6% and Xtep rises 1.8%

** Hang Seng Commerce & Industry Index gains 0.6%, Hang Seng China Enterprises Index rises 1.1%, and Hang Seng Index adds 1%

** Stock up 12.6% YTD

(Reporting by Donny Kwok)

((donny.kwok@thomsonreuters.com))

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