HK's Bonjour logs record jump on technology tie-up with Huawei
05/05/2021 04:40
** Shares of beauty and healthcare products' chain Bonjour
Holdings Ltd 0653.HK soar as much as 110.4% to HK$0.385, their
highest since June 2018, on course to snap two straight sessions
of decline
** Stock, last up 58.5%, on track for its best day since
listing in July 2003 and biggest percentage gainer on the Hong
Kong bourse
** The cosmetic retail chain operator says its unit has
entered into a non-binding pact with Huawei International Co.
Ltd for application of retail technology innovation to support
its business transformation and development urn:newsml:reuters.com:*:nFWN2MR0VO
** Says the effort could help optimize e-commerce retailing
and development, while enhancing profitability
** The Hong Kong Hang Seng sub-index tracking information
technology firms .HSCIIT falls 1.2%, while the benchmark index
.HSI gains 0.1%
** Stock up 22% this year, as of last close
(Reuters Messaging: donny.kwok.thomsonreuters.com@reuters.net)