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Credit Suisse Points Out That Anta And Lining Outperform, With Potential Increases Of 9 And 6.

2008/7/12 13:55:00 11

Credit Suisse Points Out That Anta And Lining OutperformWith Potential Increases Of 9 And 6.

As the Beijing Olympics approaches, the atmosphere in the mainland is becoming increasingly hot. According to Credit Suisse's research report, it is considered that the sporting goods unit is strong defensive. Therefore, Anta (02020-HK) and Lining (02331-HK) rating were set to win the market, and the target price was 11.61 and 29.46 yuan respectively, representing a potential increase of nearly 9 and 6 per cent compared with the two shares.

The report points out that the market is worried about the rising inflation in the mainland and worries about the weak economy after the Olympic Games, but the bank believes that the mainland consumption is still sustainable after the Olympic Games, while the sports stocks are relatively strong in the consumer stocks.

According to Credit Suisse, the distribution of leading shops Lining in the provinces and municipalities in the mainland is evenly distributed, which is quite beneficial to the sporting goods market.

Therefore, Credit Suisse rated Anta and Lining as a win win market, and offered a target price of 11.61 yuan and 29.46 yuan respectively, representing a potential increase of nearly 9 and 6 percent compared with the two share price, reflecting the relative optimism of the two stock future prospects.

Anta reported 6.17 yuan, up 9%, and the paction amount was 15 million 660 thousand yuan; Lining reported 18.8 yuan, up 6.1%, and the paction amount was 82 million 520 thousand yuan.

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