Sunac China at 3-1/2 month high after inclusion in Stock Connect

DPC Dash

05/09/2023 08:05

** Shares of Sunac China Holdings Ltd  1918.HK  soar as much
as 30.2% to HK$1.64, highest since May 12; on course for a
second session of gains
    ** Stock is the biggest pct gainer in Hang Seng Composite
Index  .HSCI  and Hang Seng Composite Index on properties and
construction stocks  .HSCIPC 
    ** The Chinese property development and management group has
been included in Shanghai-Hong Kong Stock Connect effective
Sept. 5, according to Shanghai Stock Exchange
    ** Other new comers also rise with liquor products producer
ZJLD  6979.HK , MedSci Healthcare  2415.HK , food and beverage
business group DPC Dash  1405.HK  and restaurant operator Super
Hi  9658.HK  up between 2.6% and 26.8%     
    ** Hang Seng Mainland Properties Index  .HSMPI  drops 3.3%
while Hang Seng Composite Index on properties and construction
stocks  .HSCIPC  falls 2.5%
    ** Hang Seng Composite Index  .HSCI  and Hang Seng Index
 .HSI  declines 1.8% and 2%, respectively
    
    

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