HK Stock Market Move | RIDGE OUTDOOR (02720) surged nearly 20%. The company is a leading manufacturer of fishing equipment worldwide.

RIDGE OUTDOOR (02720) rose by nearly 20%, reaching 19.68% at the time of publication, with a price of 30.04 Hong Kong dollars and a turnover of 89.977 million Hong Kong dollars. Public information shows that RIDGE OUTDOOR, as a global leader in fishing equipment manufacturing, has maintained its position as the world's number one with a market share of 23.1% in 2024. From January to August 2025, the company achieved a revenue of 460 million yuan, an 18% year-on-year increase, and a net profit of 56.24 million yuan, a 20% year-on-year increase. Guotou Securities International pointed out that the company holds a leading position in the industry and expanding into the OBM business will help seize further market opportunities; it has established long-term stable cooperation relationships with well-known outdoor equipment brands; its diverse product portfolio covers a variety of fishing scenarios; and the core management team has rich industry experience.