BUZZ-HK-listed 361 Degrees climbs most in 5 weeks on higher sales growth

Reuters
01-14
BUZZ-HK-listed 361 Degrees climbs most in 5 weeks on higher sales growth

** Shares of Chinese footwear and sporting goods group 361 Degrees International Ltd 1361.HK climb 2.6% to HK$3.97, on track for biggest one-day pct gain since Dec. 12

** Stock on course to snap four consecutive sessions of decline

** Co says retail sales value of its 361° core branded products reported 10% y/y growth in Q4 2024, 361° kids branded products posted 10%–15% y/y growth, and 361° e-commerce products recorded 30%–35% y/y growth

** Hang Seng Commerce & Industry Index .HSNC rises 1.9%, Hang Seng Consumption Index .HSCGSI gains 1.3% and Hang Seng Index .HSI adds 1.4%

(Reporting by Donny Kwok)

((donny.kwok@thomsonreuters.com))

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