ANTA Sports says short seller's allegations 'inaccurate' [Reuters]
ANTA SPORTS PRDS UNSP/ADR (ANPDY)
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Source: Reuters
ANTA Sports says short seller's allegations 'inaccurate' - Reuters 1 Min Read HONG KONG (Reuters) - Chinese sportswear company ANTA Sports Products Ltd on Friday dismissed a short seller report casting doubt on its revenue as “inaccurate and misleading”. ANTA shares rose over 3% on Friday morning after closing down 5.5% a day earlier, after Blue Orca Capital gave a presentation on the company. ANTA said the allegations “may be intended specifically to undermine confidence in the company and its management”. In a separate filing, ANTA said it had sold HK$778 million ($99.1 million) of new shares to a connected person at HK$49.11 each, 4.6% higher than Thursday’s closing price. Reporting by Clare Jim; Editing by Stephen Coates All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays. Š 2019 Reuters. All Rights Reserved. ANTA Sports says short seller's allegations 'inaccurate' HONG KONG (Reuters) - Chinese sportswear company ANTA Sports P
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