BUZZ-HK-listed cosmetic chain Sa Sa climbs most in 2 months on strong Q3 sales

Reuters01-11

** Shares of cosmetic chain operator Sa Sa International Holdings Ltd climb 3.3% to HK$0.94, on course for biggest one-day pct rise since Nov. 15 if gains hold

** Stock on track to snap three straight sessions of losses

** Co said its turnover for quarter ended in December increased 36.7% YoY to HK$1.18 bln ($151.23 mln), with sales in Hong Kong and Macau jumping 39.4% and China sales up 49.3%

** Retail-related stocks also rose on hopes of better consumption sentiment after SCMP reported, citing a Hong Kong lawmaker, that Hong Kong and China are in talks to bring back multiple-entry visas before Lunar New Year holiday

** This would allow visitors from across the border more than the current single trip per week

** Jewellery retailer Chow Tai Fook climbs 2%, shopping mall operators Whard REIC and Swire Properties rise 3.6% and 2.7%, respectively

** Hang Seng Consumption Index adds 1%, Hang Seng Composite Index climbs 2% and Hang Seng Index rises 2.2%

($1 = 7.8174 Hong Kong dollars)

(Reporting by Donny Kwok)

((donny.kwok@thomsonreuters.com))

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