Agile Group's property management unit jumps most in 10 weeks

A-Living Smart City Services

20/01/2022 05:11

** Property management services provider A Living Smart City
Services Co Ltd  3319.HK  jumps as much as 9.1% to HK$15.66,
biggest daily pct gain since Nov. 10
    ** Stock jumps to highest since Dec. 16, extending gains for
the third session
    ** Agile Group's  3383.HK  unit says its shareholder
Gongqingcheng A-Living Investment Management Ltd Partnership has
purchased 120,000 H-shares in the market, raising its stake in
the company to 80.12 mln H-shares, or 5.64% of the issued share
capital  urn:newsml:reuters.com:*:nFWN2TZ0MU
    ** Gongqingcheng, a shareholding platform for A Living's
employees, bought the shares at an average price of HK$13.24 and
HK$13.92 on Jan. 18 and Jan. 19, respectively
    ** Shares of Agile Group surge as much as 8.8% to HK$4.35,
highest since Jan. 12
    ** Hang Seng Mainland Properties index  .HSMPI  jumps 4.98%
and Hang Seng Composite index on properties and construction
stocks  .HSCIPC  rises 2.3%
    ** Hang Seng China Enterprises index  .HSCE  surges 2.9%,
and the benchmark Hang Seng index  .HSI  climbs 2.3%

 (Reporting by Donny Kwok)
 ((donny.kwok@thomsonreuters.com))