HK's Emperor Watch hits 4-week high on strong H1 forecast

Emperor Watch & Jewellery

26/07/2018 03:12

** Emperor Watch & Jewellery Ltd's  0887.HK  shares rise 8.8
pct to HK$0.495, highest since June 28, after co forecast strong
growth in first-half earnings 
    ** Jeweller expects H1 profit to jump 300 pct from a year
ago due to strong sales and solid gross profit margin amid
upswing in consumption sentiment  urn:newsml:reuters.com:*:nFWN1UL0JH
    ** Co is due to release its H1 results in late August    
    ** As of 0205 GMT, about 20.45 mln shares of the Hong
Kong-based company have been traded, compared with 30-day moving
average of 9.08 mln shares a day
    ** Hong Kong benchmark stock index  .HSI  eases 0.2 pct

 (RM: donny.kwok.thomsonreuters.com@reuters.net)