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3931 — CALB News Story

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HK-listed CALB Group jumps most in 3-1/2 months on robust H1 profit forecast

BUZZ-HK-listed CALB Group jumps most in 3-1/2 months on robust H1 profit forecast

** Shares of CALB Group 3931.HK jump 9.5% to HK$21.56 in the second gaining session, on track for the biggest one-day pct rise since April 29

** Stock hit its highest level since July 13

** EV batteries and energy storage system maker expects H1 net profit of 1.506 billion yuan to 1.581 billion yuan ($223.37 million-$234.50 million), up 100%-110% y-o-y

** YTD, stock down 16.2%, while Hang Seng TECH Index .HSTECH down 12.9%




($1 = 6.7421 Chinese yuan renminbi)


(Reporting by Donny Kwok)

((donny.kwok@thomsonreuters.com))

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