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

361 Degrees International

14/01/2025 04:27

** 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))