BUZZ-HK's Esprit jumps on potential partnership with private equity group

Reuters04-10

** Shares of apparel group Esprit Holdings jump as much as 48.6% to HK$0.26, their highest since March 14

** Stock on course for a second session of gains, and is the

second-biggest pct gainer on the Hong Kong bourse

** Esprit says an international private equity group has indicated that it is going to submit memorandum of understanding regarding a potential partnership with the company in European business

** Says the potential investor is interested in investing in the company to benefit from the future growth through the company's strategic focus markets, including the North American and Asian markets

** Hang Seng Composite Index and Hang Seng Index

both add 1%

** Esprit stock down 39.3% YTD

(Reporting by Donny Kwok)

((donny.kwok@thomsonreuters.com))

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