361 Degrees International Ltd, a Chinese maker of sports shoes and clothing, climbed the most in 10 months in Hong Kong after the company said store sales rose as it continued to open outlets.

The stock advanced 6.5 percent, the most since Sept 24, to HK$4.42 at the 4 pm close in Hong Kong.

Sales at stores operating for at least two years grew 18 percent in the three months ended June 30, 361 Degrees said in an e-mailed statement. A net addition of 224 locations brought its total outlets to 7,681, the company said.

"361 Degrees is in a different camp than Li Ning and China Dongxiang," Huei-Chen Liu, an analyst at Everbright Securities Co, said in a phone interview from Shanghai. 361 Degrees targets the low to mid-end market while China Dongxiang Group Co, owner of the Kappa brand in China, and Li Ning Co focus on higher-tier cities, Liu said.

Today's gain trims 361 Degrees' slide this year to 21 percent, compared with a 4.5 percent drop for the benchmark Hang Seng Index.

Li Ning, which said July 7 it may post a decline in first- half sales, has slid 45 percent in the same period. China Dongxiang, which on July 8 reported a drop in first-half sales, has lost 48 percent of its market value this year.