HK-listed IVD Medical surges on robust H1 forecast

Ethk Labs

17/07/2019 03:22

** Shares of IVD Medical Holding Ltd  1931.HK  jump as much
as 13.7% to HK$3.24 after the China-based Vitro diagnostic
products distributor forecast strong growth in first-half
results
    ** Stock, which began trading on July 12, ranks the 6th
biggest percentage gainer in early trade
    ** Co expects H1 revenue to surge 400% and profit to soar
650% from the year-ago period boosted by consolidation of
financial results of its newly acquired unit Vastec Medical
 urn:newsml:reuters.com:*:nFWN24H0L5
    ** The Hong Kong Hang Seng Commerce & Industry Index  .HSNC 
eases 0.2%
    ** The Hang Seng China enterprises index  .HSCE  slides
0.4%, and the benchmark index  .HSI  eases 0.2% 

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