Hong Kong-listed China Everbright eyes best day in nearly 8 weeks on earnings outlook

China Everbright

30/07/2021 05:40

** Shares of financial services provider China Everbright
Ltd  0165.HK  rise 4% to HK$8.75, on course for their best day
since June 7 
    ** Stock extends gains into second session; second-biggest
percentage gainer in the Hang Seng Composite Index tracking
financials stocks  .HSCIF 
    ** Co expects H1 net profit to rise by not less than 100%
from a year ago due to a jump in unrealised gain on investment
and a rise in management and consultancy fee income due to an
increase in asset under management  urn:newsml:reuters.com:*:nFWN2P50HV
    ** The Hang Seng Composite Industry Index tracking
financials stocks  .HSCIF  eases 0.4%, and the Hang Seng Finance
Index  .HSNF  edges down 0.2%
    ** The Hang Seng Composite Index  .HSCI  drops 2.2% and the
benchmark index  .HSI  falls 2.1%
    ** As of last close, the stock had fallen 19% this year

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