China's sportswear group 361 Degrees jumps on strong H1 results

361 Degrees International

17/08/2021 08:20

** Shares of China's sportswear maker 361 Degrees
International Ltd  1361.HK  jump 5.6% to HK$3.60, the biggest
daily percentage gain since Aug. 5, extending gains for the
second session
    ** Fujian-based company says it first-half net profit jumped
32.9% year-on-year to 401.4 mln yuan ($61.92 million) with
revenue rising 15.7% to 3.11 bln yuan as China's domestic sports
industry continued to recover  urn:newsml:reuters.com:*:nFWN2PN145
    ** The Hong Kong Hang Seng consumer goods and services index
 .HSCGSI  drops 2.4%, and the Hang Seng Composite Index  .HSCI 
falls 2.1%
    ** The Hang Seng China Enterprises Index  .HSCE  slips 2.4%
and the benchmark index  .HSI  down 1.8%
    ** As of last close, the stock had soared 215.7% this year 

($1 = 6.4824 Chinese yuan renminbi)

 (Reporting by Donny Kwok; editing by David Evans)
 ((donny.kwok@thomsonreuters.com))