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Anta Sports Products Ltd posted strong half-year results underpinned by the strong growth of its fashion sports brand Fila, reorganization efforts to improve efficiency and the booming sports industry in the country.

Ant Financial is the parent company of Alipay, which is one of China’s largest e-payment platforms. Alipay has more than 700 million users in China and more than 200 million users abroad.

Anta used to rely heavily on its brick-and-mortar stores on shopping streets, which accounted for 75 percent of its retail outlets.

Apart from these deaths, several people sustained injuries in rain-related incidents like house collapse and electrocution, another official said.

Any such measures would seek to cut off one of the few remaining avenues for Chinese citizens to buy digital assets.