Bank of Zhengzhou's falls to record low in Shenzhen as 2018 profit drops

Bank of Zhengzhou Co

28/01/2019 05:04

** Shenzhen-listed shares of Bank Of Zhengzhou Co Ltd
 002936.SZ  fall as much as 4.5 pct to 4.91 yuan, the lowest
since listing of the A-shares on Sept. 19, 2018 
    ** The Henan Province-based city commercial bank says its
preliminary net profit for 2018 drops 29.1 pct year on year to
3.03 bln yuan ($450.28 mln) while operating income rises 8.8 pct
to 11.09 bln yuan  urn:newsml:reuters.com:*:nH9N1ZO00Y 
    ** The bank's A share IPO last September was 406.3 times
oversubscribed  urn:newsml:reuters.com:*:nH9N1VS003
    ** The Hong Kong-listed stock  6196.HK  falls 5.7 pct to
HK$3.28, the lowest Jan. 9    
    ** China's main stock index CSI300  .CSI300  climbs 0.5 pct,
while the Shenzhen A share index  .SZSA  edges up 0.3 pct
    ** Bank Of Zhengzhou's shares in Hong Kong have outperformed
the Hang Seng Finance Index sector  .HSNF  by 0.1 percentage
points in the past one month
    ** The Hang Seng Finance Index  .HSNF  rises 0.7 pct, and
the Hang Seng China enterprises index  .HSCE  climbs 0.6 pct
($1 = 6.7291 Chinese yuan renminbi)

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