HK-listed China XLX Fertiliser rises most in two months on earnings forecast

China XLX Fertiliser

13/04/2021 06:36

** Shares of urea and compound fertilizer maker  1866.HK 
rise as much as 13.3% to HK$3.91, their highest since Mar. 23 -
on course to snap five consecutive sessions of decline 
    ** Stock last up 6.7%, on track for best day since Feb. 10
    ** Henan-based firm expects at least 200% jump in net profit
for three months ending in March, versus a year earlier, boosted
by an increase in both average selling prices of key products
and output capacity  urn:newsml:reuters.com:*:nFWN2M405I
    ** The Hong Kong Hang Seng Commerce & Industry Index  .HSNC 
slips 0.9%
    ** The Hang Seng China enterprises index  .HSCE  slides
0.2%, while the benchmark index  .HSI  gains 0.2%
    ** Up to last close, stock had risen 38% this year 

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