Brief: Chuang's China Investments Says It Has Trimmed Down Portfolio Size In Bond Investment
05/10/2022 13:39
Oct 5 (Reuters) - Chuang's China Investments Ltd
0298.HK :
* FOR 6 MONTHS ENDED 30 SEPT, PERFORMANCE OF BOND INVESTMENT
WAS
ADVERSELY AFFECTED
* PERFORMANCE OF BOND INVESTMENT AFFECTED BY UNFAVOURABLE
AND HIGH
VOLATILITY OF HIGH YIELD BOND MARKET
* DURING THIS PERIOD GROUP HAS TRIMMED DOWN PORTFOLIO SIZE
IN BOND
INVESTMENT
* EXPECTS TO RECORD REALIZED GAIN OF ABOUT HK$28.8 MILLION
ON
DISPOSAL & REDEMPTION OF BOND INVESTMENT
* GAINS EXPECTED TO BE OFFSETTED BY UNREALIZED FAIR VALUE
LOSS ON
BOND INVESTMENT OF ABOUT HK$101.6 MILLION
Source text for Eikon: ID:nHKS8fYQB1
Further company coverage: 0298.HK
((Reuters.Briefs@thomsonreuters.com;))
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