Why is ANTA Sports stock surging today?

ANTA Sports Products Ltd shares experienced a significant surge of 7.1%, reaching HK$77 on Wednesday, following the release of positive interim results for the first half of 2026. The company reported a remarkable 12.9% year-on-year revenue increase, reaching a record RMB 43.51 billion. Additionally, profit attributable to shareholders climbed 34.9% to RMB 9.487 billion.

Investors were further encouraged by the company's decision to raise its interim dividend by 10.22% to HKD 1.51 per share, with the dividend set to be paid on September 22, indicating management's confidence in the business trajectory. The quality of earnings also stood out, with the overall gross margin expanding to 63.9%, up 0.5 percentage points, and the operating profit margin reaching a seven-year high of 27%.

Furthermore, free cash flow surpassed RMB 11.63 billion, and net cash reached RMB 39.1 billion. Inventory turnover days declined by six days year-over-year, suggesting tighter operational discipline across the group's multi-brand portfolio, which includes ANTA, FILA, DESCENTE, and KOLON SPORT. The Hong Kong market, which saw a rise of up to 1.1%, provided a positive backdrop for the company's strong performance.