** Shares of China Resources Beer 0291.HK rise 7.7% to HK$28.66, their highest since April 23
** The Chinese brewer said its H1 net profit rose 20.8% y/y, turnover increased 0.8% y/y and sales volumes are up 2.2% y/y
** It declared an interim dividend of 0.464 yuan per share, up 24.4% from 0.373 yuan a year ago
** Hang Seng Composite Industry Index tracking consumer staples .HSCICS rises 1.3%, while benchmark Hang Seng Index .HSI is down 0.2%
** YTD, stock up 11.5%
(Reporting by Donny Kwok)
((donny.kwok@thomsonreuters.com))