Anta In Foot Race To Separately List Its Amer Unit In New York


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webphotographeer After several false starts based on repeated market rumors, leading sportswear maker Anta Sports Products Ltd. (OTCPK:ANPDY, OTCPK:ANPDF) (2020. HK) is finally off to the races with plans to spin off its Finland-based Amer (AS) unit for a separate New York listing. Anta finally sprinted from the gate with the news earlier this month, saying it planned to list the unit on the New York Stock Exchange. The positive news fueled a brief rally for Anta’s own Hong Kong-listed shares, which rose as much as 3.5% before running out of fuel and ultimately closing down slightly on the day....