Chongqing Hongjiu Fruit hits 2-mth high on inclusion in MSCI index

Chongqing Hongjiu Fruit Co

30/11/2023 03:07

** Shares of China's Chongqing Hongjiu Fruit Co Ltd
 6689.HK  rise 10.1% to HK$6.13, their highest since Sept. 26,
and on course to snap three sessions of decline 
    ** Stock on track for biggest one-day pct rise since Oct.
25, if gains hold; second biggest pct gainer in Hang Seng
Composite Index  .HSCI  
    ** Chinese fruits chain operator says it will be included in
the MSCI China Small Cap Index as a constituent, after market
close on Nov. 30 
    ** "It is expected that the publicity of the company will be
enhanced and the liquidity on the dealing of shares of the
company will be improved, thereby providing the group with more
business development and cooperation possibilities" - co
    ** Hang Seng Composite Industry Index tracking consumer
staples  .HSCICS  rises 1.3%, Hang Seng Composite Index  .HSCI 
gains 0.2%, Hang Seng Index  .HSI  up 0.4%
    ** Stock down 81.2% YTD 

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