HK's Dongyue Group hits over 3-month high on FY profit surge

Dongyue

28/01/2019 06:00

** Shares of Dongyue Group Ltd  0189.HK  rise as much as 8.7
pct to HK$4.88, their highest since Oct 23, 2018 
    ** Stock rises after the maker of organic silicone and
polymers posts solid results for 2018
    ** Co says it recorded more than 30 pct rise in its
preliminary profit for 2018 as compared with a year ago amid an
increase in average market prices of its major products and
higher margin  urn:newsml:reuters.com:*:nFWN1ZO128
    ** Co is due to release its final results by end-March
    ** The Hong Kong Hang Seng Commerce & Industry Index  .HSNC 
slides up to 0.5 pct, and the benchmark index  .HSI  gains 0.3
pct

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