Anta Sports Products Stock Slips 2.5% in Hong Kong, Underperforms Competitors

Dow Jones08-03

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of Anta Sports Products Ltd. shed 2.5% to 77.00 Hong Kong dollars on what proved to be an all-around favorable trading session for the Hong Kong stock market, with the Hang Seng Index rising 0.5% to 26009.40.

This was the stock's third consecutive day of losses.

Anta Sports Products Ltd. closed 28% short of its 52-week high of HK$106.30, which the company achieved Aug. 27.

The stock underperformed when compared to some of its competitors, as Golden Solar New Energy Technology Holdings Ltd. fell 1.1%, Xtep International Holdings Ltd. fell 1.7%, and Pou Sheng International Holdings Ltd. remained unchanged.

Trading volume totaled 10.3 million shares, compared to the 50-day average of 7.8 million shares.

Data source: Dow Jones Market Data, FactSet

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