Anta Sports rejects Muddy Waters claims on Fila stores

Business | 11 Jul 2019 5:36 pm

Maniland sports wear producer Anta Sports (2020) vigorously denies again allegations by shrot-seller Muddy Waters  and considers them to be inaccurate and misleading.

Muddy Waters issued a third short-selling report in five days accusing that Su Weiqing, whom Anta claimed was an independent person, had 46 Fila outlets, adding that if Su Weiqing is really an independent person, then Anta lied as it said the company has all Fila outlets.

Shares of Anta Sport added 1.57 percent to HK$51.60.

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