Hong Kong-listed China Resources Medical jumps on earnings outlook

China Resources Medical Holdings

06/08/2021 06:59

** Shares of pharmaceuticals and medical consumables
distributor China Resources Medical Holdings Co Ltd  1515.HK 
surge 11.5% to HK$7.46, their highest since Aug. 2 and up after
five consecutive sessions of decline
    ** Stock last up 7.9%, on track for its best day since July
29; second-biggest percentage gainer in the Hang Seng Composite
Index  .HSCI  and among the 30 biggest percentage gainers on the
Hong Kong bourse
    ** Beijing-based co expects 80% on-year jump in first-half
net profit, thanks to a recovery in business operation of its
member hospitals as China keeps the COVID-19 epidemic under
control  urn:newsml:reuters.com:*:nFWN2PC10X
    ** Hong Kong's healthcare index  .HSCIH  falls 2.5% and the
Hang Seng Composite Index  .HSCI  slips 0.1%
    ** The Hang Seng China Enterprises Index  .HSCE  eases 0.2%,
and the benchmark index  .HSI  is down 0.1%

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