Daily focus：ANTA Sports（2020）
The company is driving growth through a multi-brand strategy. Its two core brands, ANTA and FILA, focus on professional sportswear and lifestyle products. The company is actively expanding into emerging sports segments and increasing product penetration. In the domestic market, channel optimization and product upgrades are driving sales per square meter. Overseas, the company plans to expand to 1,000 retail locations in the ASEAN region within three years, further strengthening its global competitiveness. The group continues to promote product innovation and expand the scale of its high-margin brands. Management optimizes operations according to international standards to ensure its leading position and sustainable growth in the Chinese and global sportswear markets.
The market will focus on the interest rate decision this week
US stocks have recently hit new highs, driven by strong market expectations for a Federal Reserve rate cut. With slowing employment data and inflation continuing to approach target, investors are betting on a loosening of monetary policy at Wednesday's meeting. The policy statement hinted at multiple rounds of rate cuts to come, further releasing liquidity and boosting demand for risky assets. Other than that, the US and China held talks in Madrid, Spain, on September 14-15, 2025, reaching a basic framework on the TikTok issue. The Chinese and US presidents will speak by phone on Friday. Li Chenggang, China's international trade negotiator for the Ministry of Commerce, stressed that China will never seek any agreement at the expense of its principled position, corporate interests, or international fairness and justice. China will conduct technology export approvals in accordance with laws and regulations while fully respecting the wishes of businesses.
Hong Kong Stock Connect saw a net inflow of HK$14.4 billion on Monday, with Alibaba (9988) leading the way with a net inflow of HK$5.28 billion, followed by Tracker Fund (2800). Meanwhile, Xiaomi (1810) saw the largest net outflow of HK$720 million, followed by Pop Mart (9992).
The Hang Seng Index opened 90 points higher before fluctuating upwards. The Hang Seng Index closed at 26,438 points, down 8 points, or 0.03%. The China Enterprises Index closed at 9,386.39 points, up 1 point, or 0.02%. The Hang Seng Tech Index closed at 6,077 points, up 34 points, or 0.56%. The total market turnover for the day was HK$294.069 billion. Internet medical platform stocks came under pressure, with Alibaba Health (241) falling 3.9% and JD Health (6618) falling 5.8%. Trip.com(9961) rose 4.1% due to speculation before the National Day Golden Week.
Source: KGI Investment Products and Solutions Department
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