Is Anta's stock publicly traded? If so, I'm advising everyone to short it. These guys are in the sporting shoes business and have no clue about sports.
Anta was mainly sold in China and I guess all Chinese know is these guys are in the same team as Yao.
Shane Battier signed with China Peak.....a different one from Anta. Currently 6 Rockets had deals with Chinese sports shoes: Shane Battier: China Peak Chuck Hayes: Li Ning Luis Scola,Steve Francis, Bonzi Wells and Rick Adelman: Anta As a matter of fact, Les Alexnader had invested and held stocks in Anta.
I hope u get a clue before u say things. Reasons why: - Anta's major market is China. - The Rockets is the most popular & televised NBA team in China. - The endorsement money of these players is relatively small. - Les is a minority owner of Anta. Anta also has sponsorship with the Rockets, so every televised Rockets game are free commercials for this company. Anta is listed in HKEX 2020.HK. But dont bet against it.
I forget to tell u guys that Les has invested $30 mils in the IPO of Anta. The stock price of Anta has gone up 80% since its IPO this summer. So, Les makes out pretty good on his investment.
They can't no matter how much money they want to afford to TMAC cause TMAC sponsors Adidas. He can't sell other shoes before his Adidas deal expires.
Anta used to be = cheap, bad quality. ----------------------------------- I never buy anta shoes when i was in China. ================================== but i believe they are making better shoes now.
Associating your brand with a lazy unprofessional over-the-hill player who gets his ass stuffed under tha basket on TV each day is generally not good business practice no matter how little you pay him.
Anyone knows how much Bonzi got in the deal since the amount of money involved may involved maybe more lucrative than the pay he is getting?
If you still didn't know, Les owns part of the Anta. This is more like a basketball move to keep the Rockets player on our team next season. You fools are actually the stupid ones who lack the ability to see that.
I saw scola's Huge posters in Li Ning store,because Li Ning is the Sponsors of Argentine national team in 2008 olympic games,besides, i also saw tennis player Ivan Ljubicic... i will see sf3、bonzi、scola posters in Anta storesbefore long but tell the truth, Li Ning>Peak>Anta Li Ning is the best sports brand in china
I actually feel bad for these chinese companies. What are they gonna do when we ship off half of their contracted players to canada?
