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3319 — A-Living Smart City Services News Story

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FinancialsSpeculativeSmall CapContrarian

Property management firm A-Living hits near 1-year high on robust H1 outlook

** Shares of China's A-Living Services Co Ltd  3319.HK  rise
as much as 10.1% to HK$16.16, their highest since July 18, 2018,
after the property management firm forecast sharp growth in
first half profit 
    ** The unit of property developer Agile Group  3383.HK 
expects profit for six months ended in June to rise more than
50% year-on-year amid an increase in gross floor area under
management and a rise value-added services revenue  urn:newsml:reuters.com:*:nFWN24B0B8
    ** Co expects to publish interim results in August 
    ** As of Wednesday's close, the stock had risen 40.3% so far
this year
    ** Stock of Agile Group gains 1.9% on Thursday
    ** The Hong Kong Hang Seng sub-index tracking property firms
 .HSNP  rises 1.6%
    ** The Hang Seng China enterprises index  .HSCE  gains 1.3%,
and the benchmark index  .HSI  climbs 1.2%

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

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