(Yicai Global) April 24 -- Shares in Bosideng International Holdings surged today after the Chinese down apparel maker unveiled its largest stock incentive program since it went public in 2007.

Its stock [HKG:3998] was up 15.26 percent at HKD2.19 (28 US cents) as of 11.13 a.m.

The company revealed yesterday that it would award 87 million shares to seven executives in its core management team, with each contributing 97 HK cents per share won. It will hand another 330 million to 73 employees who will pay HKD1.94 apiece.

Editor: James Boynton