HK-listed property management firm A-Living falls, shareholder trims stake

A-Living Smart City Services

14/01/2020 06:55

** Shares of Chinese property management firm A-Living
Services Co Ltd  3319.HK  fall as much as 6.5% to HK$30.2,
heading for the biggest daily percentage decline since Oct. 15,
2019
    ** Stock ranks the sixth most actively traded shares in
afternoon trade 
    ** The property management unit of Agile Group  3383.HK 
says its shareholder Greenland Financial Holdings Group Co Ltd
has sold stake worth HK$1.51 bln ($194.25 mln)  urn:newsml:reuters.com:*:nFWN29I0M6
    ** Greenland Financial has disposed 50 mln A-Living shares
at an average price of HK$30.20 each, reducing its stake in the
firm to 7.5% from 11.25%  
    ** The Hong Kong Hang Seng sub-index tracking property firms
 .HSNP  declines 0.2%
    ** The Hang Seng China enterprises index  .HSCE  slides
0.4%, and the benchmark index  .HSI  eases 0.2%


($1 = 7.7734 Hong Kong dollars)

 (Reuters Messaging: donny.kwok.thomsonreuters.com@reuters.net)