Chinese game group Fire Rock jumps most in over 5-1/2 years

Fire Rock Holdings

22/12/2021 04:51

** Mobile games developer's shares  1909.HK  soar as much as
67.1% to HK$1.42, biggest daily pct gain since debut in February
2016
    ** Stock hits highest since Dec. 9 and on course to snap
five consecutive sessions of losses; biggest pct gainer on Hong
Kong bourse
    ** Guangdong, China-based Fire Rock Holdings says its
controlling shareholder and chairman Zhang Yan has bought 2 mln
shares in the open market on Dec. 21 for HK$1.63 mln, raising
his stake to 40.8% from 40.75% (https://bit.ly/3qiY9s9)
    ** Company says Zhang does not rule out the possibility of
further increasing his shareholding in the firm 
    ** Hang Seng sub-index tracking information technology firms
 .HSCIIT  up 0.5%; Hang Seng Tech index  .HSTECH  rises 0.8%
    ** Hang Seng Composite index  .HSCI  gains 0.4%; Hang Seng
index  .HSI  climbs 0.3%
    ** Fire Rock shares down 27.7% this year as of last close

 ($1 = 7.8003 Hong Kong dollars)

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