HK-listed China Harmony Auto hits 5-wk high as new car sales revenue rebounds

China Harmony Auto Holding

23/10/2020 06:13

** Car dealer China Harmony Auto Holding Ltd's shares
 3836.HK  rise as much as 11.6% to HK$3.38, the highest since
Sept. 14
    ** Stock last up 7.9%, set for its best day since May 2019
    ** Henan-based company says passenger car sales market in
mainland China has rebounded since July, with new car sales
revenue rising 51% year on year in the last three months and
after-sales service revenue up 25%  urn:newsml:reuters.com:*:nFWN2HD1KK
    ** Says its new car sales of luxury and ultra-luxury brands
soared 45% in the last three months 
    ** The Hang Seng China enterprises index  .HSCE  and the
benchmark index  .HSI  both rise 0.6%
    ** As of last close, the stock had fallen 22.7% this year 

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