ANTA SPORTS(HK:02020) Qi Lu Wan Bao·2025-09-22 03:59Group 1 - The outdoor brand Arc'teryx collaborated with artist Cai Guo-Qiang to launch a fireworks display in the Himalayas, which has sparked widespread controversy [1] - The local government in Shigatse, Tibet, has established an investigation team to assess the situation and will handle the matter according to the investigation results [1] - Both Cai Guo-Qiang's studio and Arc'teryx have issued apologies and committed to cooperating with third-party organizations to evaluate the ecological impact of the fireworks display and to take remedial actions [1] Group 2 - Amer Sports, the parent company of Arc'teryx, was acquired by Anta Sports in 2019, linking the controversy to Anta as well [6] - Following the controversy, Anta Sports' stock fell by 4.60% to HKD 92.35 per share, resulting in a market value loss of HKD 12.5 billion [6] - Anta Sports has faced significant public scrutiny, with many users demanding a response on social media platforms, leading to restrictions on comments and visibility of past posts [6][7]