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6666 - Evergrande Property Services News Story

HK$13.8 1.8  15.2%

Last Trade - 9:08am

Sector
Financials
Size
Large Cap
Market Cap £11.83bn
Enterprise Value £10.44bn
Revenue £1.16bn
Position in Universe 142nd / 6101

BUZZ-HK-listed Evergrande Services surges as local media reports upbeat FY target

Mon 18th January, 2021 5:09am
** Shares in Evergrande Property Services  6666.HK  surge as
much 26% to HK$15.52, highest since their debut on Dec 2, 2020 
    ** According to local media, co said in an internal meeting
on Sunday that it targets to add 30 million square meters in its
management portfolio every month (http://finance.eastmoney.com/a/202101181778277114.html)
    ** Co also targets a 50% surge in net profit at 3.9 bln yuan
($601.26 mln) this year, local media reported
    ** This will help make the co become the nation's largest
property services firm 
    ** Evergrande Services did not immediately respond to
Reuters request for a comment
    ** Parent co China Evergrande Group  3333.HK  rises up to
1.8%
    ** Hang Seng Index  .HSI  up 0.5%

    ($1 = 6.4864 Chinese yuan)

 ((Reuters Messaging: clare.jim.thomsonreuters.com@reuters.net))
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