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ANTA Sports Adjusts Bond Conversion Price Following Dividend Approval
ANTA SPORTS (02020.HK) has adjusted the conversion price of its 1.5 billion euro zero-coupon guaranteed convertible Bonds maturing in 2029.
On May 7, Guanglonghui reported that ANTA SPORTS (02020.HK) announced an adjustment to the conversion price of the zero-coupon guaranteed convertible Bonds maturing in 2029, amounting to 1.5 billion euros. According to the terms and conditions of the Bonds and due to the Shareholder approval of the dividend at the company's annual general meeting on May 7, 2025, the conversion price will be adjusted from HKD 104.02 to HKD 102.62. The adjustment to the conversion price of the Bonds will take effect from May 14, 2025. All other terms and conditions of the Bonds remain unchanged.
Consumer stocks are performing well with Shenzhou International Group Holdings Limited Unsponsored ADR (02313) up by 4.2%. The central bank will establish a 500 billion yuan relending facility for Consumer and Retirement services.
Golden Finance News | Consumer stocks are performing well, among the Sporting Goods stocks, Shenzhou International Group Holdings Limited Unsponsored ADR (02313) rose by 4.2%, YUE YUEN IND (00551) rose by 3.53%, LI NING (02331) rose by 1.58%, ANTA SPORTS (02020) rose by 1.36%; among the Dining stocks, JIUMAOJIU (09922) rose by 3.54%, HAIDILAO (06862) rose by 1.36%, YUM CHINA (09987) rose by 0.71%. Among the Home Appliances stocks, Midea Group Co., Ltd (00300) rose by 1.21%, HAIER SMARTHOME (06690) rose by 1.31%. The Governor of the People’s Bank of China, Pan Gongsheng, in May.
ANTA SPORTS PRODUC To Go Ex-Dividend On May 13th, 2025 With 3.80309 USD Dividend Per Share
Macquarie: Under the tariff scenario, the local brands in the sportswear industry are entering a phase of Global Strategy opportunities.
The bank stated that the issue of overcapacity in China's athletic shoe production is controllable, and is bullish on local brands in China, with ANTA SPORTS (02020) being the first choice.
Sustainable products account for over 30%, Anta aims for Carbon Neutrality by 2050.
Explore the sustainability of 'sustainability' itself.