HK financial service firm Differ Group falls; co plans bond issue

Differ Auto

17/09/2018 04:55

** Shares of Differ Group Holding Co Ltd  6878.HK  fall 5.2
pct to HK$0.55, headed for their worst day since Feb. 1 after
the asset management and financial services group plans bond
issue to fund business development
    ** Co plans to issue HK$200 million ($25.5 million) bonds to
third party investors  urn:newsml:reuters.com:*:nFWN1W008R
    ** Co says the bonds will carry 7.5 pct coupon with maturity
on 3rd anniversary of the date of issue 
    ** As of the previous close, the stock had fallen 4.9 pct so
far this year 
    ** Hong Kong benchmark index  .HSI  down 1.8 pct

($1 = 7.8478 Hong Kong dollars)

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