BUZZ-Prada's Hong Kong shares hit 4-week peak on Q3 rev surge

Reuters10-31

** Hong Kong shares of Prada jump as much as 8.1% to HK$59.90, the highest since Oct. 2

** Stock set for biggest intraday pct gain since March 8

** Italian luxury group's Q3 net rev rises 17.7% y/y, driven by double-digit retail sales growth in Asia and Europe and the doubling of sales at the smaller Miu Miu brand

** Co says Q3 Asia-Pacific sales up 12% y/y, despite investors flagging concerns of slowdown in Chinese demand for luxury goods

** Chief Executive Andrea Guerra says, "China is more complicated today and not necessarily improving in the near future"

** Hong Kong-listed stock up 31.2% YTD

(Reporting by Donny Kwok)

((donny.kwok@thomsonreuters.com))

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