Hong Kong Stock Movement | BOSIDENG (03998) Sees Over 11% Increase as Cooling Weather Boosts Winter Apparel Sales Ahead of Extended Spring Festival

Stock News
Oct 21

According to reports, BOSIDENG (03998) has seen its afternoon gains expand to 10.67%, trading at HKD 4.98 with a turnover of HKD 499 million. The recent weather updates from China Weather Network indicate that the influence of Typhoon "Fengshen" and its surrounding circulation, along with cold air, will bring strong wind and rain to South China and the northern part of the South China Sea over the next two days. As cold air moves eastward and southward, regions like Jiangnan and South China will become the core areas for temperature drops. Starting tomorrow, various regions in the central and eastern parts of the country will gradually begin warming up, although the warming process will be slow, with another cold front expected around the 25th, making significant temperature increases unlikely. Continued warmth measures are advised. Shenwan Hongyuan recently recommended BOSIDENG, noting that the onset of cooler weather will directly benefit the sales of winter apparel, which is BOSIDENG's primary business. The Spring Festival in 2026 falls on February 17, 19 days later than the 2025 date of January 29, effectively extending the peak sales window and generating additional sales volume, thus raising the peak selling potential. Furthermore, the relatively low base from the warmer winter of 2024 should help achieve sales targets. The market is shifting focus towards high dividend assets; BOSIDENG has maintained a dividend payout ratio of 80% or more in the past, and this year’s high dividend trend is expected to continue, which bodes well for the company's future performance and valuation improvement.

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