European luxury stocks jump after China promises financial support for key sectors

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15/12/2025 09:27

** European luxury index .STXLUXP rises 1.8%, on track for its best day in over a month, with traders citing new measures China plans to introduce to support key areas of its economy

** China plans to expand exports and imports next year as part of efforts to promote "sustainable" trade, a senior economic official said on Saturday

** Kering PRTP.PA, Salvatore Ferragamo SFER.MI and Brunello Cucinelli BCU.MI jump 3%-5%

** Burberry BRBY.L, LVMH LVMH.PA and Hermes HRMS.PA are up 1%-2.5%

(Reporting by Alessandro Parodi)

((Alessandro.Parodi@thomsonreuters.com;))