SHANGHAI :
Anta's Shares Hit All-Time High on First Chinese Olympic Uniform Supplier Deal
Dou Shicong
DATE:  Oct 30 2019
/ SOURCE:  yicai
Anta's Shares Hit All-Time High on First Chinese Olympic Uniform Supplier Deal Anta's Shares Hit All-Time High on First Chinese Olympic Uniform Supplier Deal

(Yicai Global) Oct. 30 -- Shares of Anta Sports Products reached a historic peak after the International Olympic Committee said that Anta is the first Chinese firm to become an official uniform supplier to the IOC's members and staff. 

Anta's [HK:2020] equity price climbed 2.9 percent to HKD76.6 (USD9.8) by 11.20 a.m., with a market value of HKD206.9 billion (USD26.4 billion). 

The IOC and Anta penned a deal, which includes shoes, apparel, and accessories, and it will last till 2022, the Lausanne-headquartered sports organization said in a statement yesterday. 

Editor: Emmi Laine 

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Keywords:   ANTA,Olympic