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Baozun Inc. (BZUN) Soared To A New High On Q4 Results

Baozun Inc. (BZUN) reported fourth quarter non-GAAP net income attributable to ordinary shareholders per ADS of RMB2.72 (US$0.42) early Tuesday morning, compared with RMB1.26 a year ago. Total net revenues were US$1240.6 million, an increase of 23.0% from last year.

Baozun gapped open higher Tuesday and climbed for the majority of the session. The stock finished with a gain of 11.44 at $48.21 on strong volume. Baozun soared to a new high for the year.

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