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189 — Dongyue News Story

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Chemical group Dongyue touches 4-month peak on robust earnings estimate

** Shares of polymers and refrigerants products producer Dongyue Group 0189.HK climb 3.1% to HK$12.94, their highest level since October 9

** Dongyue, which has a market value of HK$22.18 bln ($2.84 bln), expects its 2025 net profit to more than double from a year earlier

** Says growth due to an increases in prices of multiple products in refrigerant segment and its stringent cost and expense controls, among others

** YTD, stock up 18.3% YTD, the benchmark Hang Seng Index .HSI up 6.4%

($1 = 7.8149 Hong Kong dollars)

 (Reporting by Donny Kwok)

 ((donny.kwok@thomsonreuters.com))

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