China Pet Foods is the key pick highlighted in our 2025 staple outlook, and we continue to see encouraging progress for the company in terms of product and branding enhancement to capture long-term market potential, where the company has a clearer strategy around major blockbuster series development as the key sales growth contributor, and new products in the pipeline to lead the industry trend to Valerie Zhou 更多资料加入知识星球：水木调研纪要 关注公众号：水木Alpha 4 June 2025 | 5:27PM HKT China Pet Foods (002891.SZ): Consumer & L ...

2 June 2025 | 9:22PM HKT Anta Sports Products (2020.HK): Consumer & Leisure Corporate Day: Guidance reiterated; Jack Wolfskin deal complete; Fila reforms on the Bottom line: We hosted Anta group at our Consumer & Leisure Corporate Day on Jun 2. Key investors focus are Fila reform under new CEO's strategies, margin puts and takes by brand and plans for Jack Wolfskin/future M&A. Our positive view on Anta group is reinforced by its solid trading YTD and strong execution across its brand portfolio, though we no ...