HK-listed property firm EverChina climbs to 15-mth high on acquisition talks

EverChina Intl Holdings

11/10/2018 04:47

** Shares of property investor and hotel operator EverChina
International Holdings Co Ltd  0202.HK  jump 24.4 pct to
HK$0.255, the highest since July last year
    ** EverChina says it has been in discussions with a third
party on the possible acquisition of an information technology
services provision business (https://bit.ly/2QJ4V75)
    ** As of the previous close, the stock has risen 13.3
percent so far this year
    ** EverChina has outperformed the Hang Seng Commerce &
Industry Index sector  .HSNC  by 33.9 percentage points in the
past month
    ** The Hang Seng sub-index tracking information technology
firms  .HSCIIT  plunges 7.3 pct
    ** The Hong Kong benchmark index  .HSI  dives 3.9 pct

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