HK-listed China Bohai Bank rises on employees' share purchase plan

China Bohai Bank

16/09/2022 07:15

** Shares of China Bohai Bank Co Ltd  9668.HK  rise as much
as 3.6% to HK$1.14, the biggest intraday pct rise since Aug 19  
 
    ** Stock on track to snap three consecutive session of
losses 
    ** The Tianjin-based bank says https://www1.hkexnews.hk/listedco/listconews/sehk/2022/0915/2022091501287.pdf
 a few of its employees intend to purchase an aggregate of not
less than 25 mln H shares of the bank in the secondary market
using their own funds within nine months from Sept 15
    ** Says the purchase plan did not set a price range and the
purchase entities undertake not be transferred the shares they
bought to others within two years from the date of purchase
    ** Says the bank has been included as a constituent stock in
the Hang Seng Composite Index  .HSCI  and its H shares have been
included in the list of Hong Kong Stock Connect stocks under
Shenzhen-Hong Kong Stock Connect with effect from Sept 5 
    ** The Hang Seng Composite Index tracking financials stocks
 .HSCIF  eases 0.6% and the Hang Seng Finance Index  .HSNF 
slips 0.4%
    ** The Hang Seng Composite Index  .HSCI  falls 0.8% and the 
Hang Seng Index  .HSI  down 0.6%
    ** As of last close, China Bohai stock down 63.3% this year

 (Reporting by Donny Kwok)
 ((donny.kwok@thomsonreuters.com))