CSSC Hong Kong Shipping rises most in 2 years on solid earnings forecast

CSSC (Hong Kong) Shipping Co

24/07/2024 04:53

** CSSC Hong Kong Shipping  3877.HK  rise 6.2% to near
one-month high of HK$1.55
    ** Stock on track for biggest one-day jump since July 2022
    ** The ship leasing group sees H1 profit rising 21%-23% on
growth in financing leasing and integrated shipping service
businesses
    ** Hang Seng Commerce & Industry Index  .HSNC  falls 0.7%, 
Hang Seng Composite Index  .HSCI  slips 0.5% and Hang Seng Index
 .HSI  eases 0.6%
    ** Stock up 2.7% YTD
 
 ($1 = 7.8085 Hong Kong dollars)

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