** Shares of China's sporting goods and apparel maker 361 Degrees International Ltd climb 3.5% to HK$3.59, on course for the biggest one-day pct gain since Jan 24
** Fujian-based co expects its 2023 net profit to increase by not less than 25% YoY as performance improved on new, high-value products, favourable retail environment and strengthening credit management on distributors
** Hang Seng Consumption Index slips 0.3% while Hang Seng Commerce & Industry Index gains 0.3% and Hang Seng Index adds 0.1%
** Bigger rivals climb, with ANTA Sports and Li Ning Co Ltd both up 1.7%
** Stock of 361 Degrees up 2.9% YTD
(Reporting by Donny Kwok)
((donny.kwok@thomsonreuters.com))
Comments