China mobile games group Fire Rock drops on scrapping special dividend plan

Fire Rock Holdings

03/01/2022 05:02

** Shares of Hong Kong-listed mobile games developer Fire
Rock Holdings Ltd  1909.HK  drop 8.3% to HK$0.99, lowest since
Dec 22 
    ** Stock set for the worst day since Dec 28
    ** Guangdong, China-based co says its board resolved to
cancel a special dividend proposal after considering the current
market environment in China and Southeast Asia, and the funds
required for future acquisition and long-term business
development  urn:newsml:reuters.com:*:nFWN2TF0FR
    ** Hang Seng sub-index tracking information technology firms
 .HSCIIT  falls 1.2%; Hang Seng Tech index  .HSTECH  slips 1%
    ** Hang Seng Composite index  .HSCI  eases 0.5% and Hang
Seng index  .HSI  is down 0.6%

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