BUZZ-China's Bosideng hits 3-week peak on strong results, higher dividend

Reuters06-27

** Shares of Chinese down apparel maker Bosideng International Holdings Ltd jump 8.5% to HK$4.70, their highest since June 7

** Stock on track for the biggest one-day rise since June 2023 if trend holds

** Bosideng said its net profit for year ended March jumped 43.7% YoY to 3.07 billion yuan with revenue up 38.4% YoY to 23.2 bln yuan and it proposes a final dividend of HK$0.2 per share as compared to HK$0.135 in a year ago period

** Hang Seng Commerce & Industry Index falls 1.7%, Hang Seng Consumption Index eases 1.4% and Hang Seng Index down 1.6%

** Stock up 31.1% YTD

(Reporting by Donny Kwok)

((donny.kwok@thomsonreuters.com))

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