Games developer Fire Rock jumps most in over 5 weeks on FTSE inclusion

Fire Rock Holdings

17/09/2021 04:51

** Shares of Chinese mobile games developer Fire Rock
Holdings Ltd  1909.HK  jump 7.2% to HK$2.82, on course for
biggest daily pct gain since Aug. 11
    ** Guangdong, China-based company says it will be officially
included in the "FTSE Global Equity Index Series - China
Regional Small Cap Index" after close of business on Sept. 17
 urn:newsml:reuters.com:*:nFWN2QI0SC
    ** Fire Rock says it will focus on peripheral industries of
gaming business, blockchain and other internet projects, while
strengthening its China business; also expects overseas revenue
to increase
    ** Hong Kong Hang Seng sub-index  .HSCIIT , which tracks IT
firms, surges 2.6%, while Hang Seng Tech index  .HSTECH  jumps
2.8%
    ** Hang Seng China Enterprises index  .HSCE  rises 1.2%,
while the benchmark index  .HSI  gains 0.6%
    ** Company's shares have more than doubled this year, as of
last close

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