BUZZ-China's ANTA Sports surges on strong Q4 sales, smaller rivals climb

Reuters01-09

** ANTA Sports Products surge 5.2% to HK$79.20, set for biggest one-day pct gain since Dec 9

** Stock is the third-biggest pct gainer in Hang Seng Index

, which adds 0.2%

** Chinese sportswear group says Q4 retail sales value of ANTA- and FILA-branded products record high-single digit growth

** For 2024, retail sales value of ANTA products in high-single digits and FILA-branded products in mid-single digit

** Says retail sales value of all other branded products recorded 50-55% growth in Q4, 40-45% growth in 2024

** Nomura keeps "buy", saying sales regained momentum in Q4

** Citi stays "neutral" amid in-line 4Q retail sales

** Smaller rival Xtep up 2% after core Xtep brand posts high single digit growth in Q4 retail sell-through

** Li Ning adds 0.9%

** Hang Seng Commerce & Industry Index gains 0.3% and Hang Seng Consumption Index climbs 0.7%

(Reporting by Donny Kwok)

((donny.kwok@thomsonreuters.com))

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