Anta Sports Is Said to Weigh IPO of Wilson Racket Maker Amer

China’s biggest athletic-apparel producer Anta Sports Products Ltd. is considering an initial public offering of Amer Sports, according to people familiar with the matter.

Anta and its co-investors in the Wilson tennis racket maker are holding preliminary talks with investment banks for an IPO that could raise about $1 billion or more, the people said. The group, which includes private equity firm FountainVest Partners, is considering a listing that could take place as early as next year, the people said.

The final size and venue haven’t been decided, the people said, asking not to be identified because the matter ...