Chinese sportswear group feels heat over Arc'teryx fireworks in Tibet

Anta stock falls after display by artist Cai Guo-Qiang draws environmental backlash

20250922 arcteryx brand

An Arc'teryx store in Shanghai on Sept. 21. The brand was forced to apologize after it sponsored a fireworks event in the Himalayas by renowned Chinese artist Cai Guo-Qiang that stirred controversy. (VCG/VCG via Getty Images)

WATARU SUZUKI

SHANGHAI -- Shares of China's Anta Sports fell on Monday after an artistic fireworks display in the Tibet Autonomous Region, sponsored by group-affiliated Canadian brand Arc'teryx, drew criticism for potentially harming the environment.

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