Hong Kong-listed IT group Chinasoft hits over 2-week high as chairman ups stake

Chinasoft International

03/09/2021 04:46

** IT services provider Chinasoft International Ltd's
 0354.HK  shares up 4.7% at HK$14.30; highest since Aug. 19 and
second consecutive session of gains
    ** Stock second-biggest pct gainer on Hang Seng sub-index
tracking information technology firms  .HSCIIT 
    ** Stock up 6.9% so far this week, on track for biggest
weekly pct gain since mid-August
    ** Beijing-based firm says chairman and executive director 
Chen Yuhong on Thursday acquired 600,000 shares, or 0.02% of the
issued share capital, in the open market at an average price of
HK$13.61 each for HK$8.17 mln ($1.05 mln), raising his stake to
13.05%  urn:newsml:reuters.com:*:nFWN2Q40MZ
    **  .HSCIIT  falls 1.9%, while Hang Seng Tech index
 .HSTECH  slips 1.1%
    ** Hang Seng China Enterprises index  .HSCE  and the
benchmark index  .HSI  both ease 0.6%
    ** Company's shares up 57.9% this year as of last close 

 ($1 = 7.7722 Hong Kong dollars)

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