HK-listed mobile games developer FriendTimes surges as chairman raises stake

FriendTimes

02/09/2020 03:11

** Shares of China's mobile games developer FriendTimes Inc
 6820.HK  rise as much as 10% to HK$2.98, after two consecutive
sessions of falls   
    ** Stock heads for its best session since Aug. 20, last up
6.3% 
    ** Co says Chairman and controlling shareholder Jiang
Xiaohuang bought 2.154 mln shares at an average price of
HK$2.6777/share in open market on Sept. 1, indicating a vote of
confidence in its long-term growth prospects  urn:newsml:reuters.com:*:nFWN2FY0AT
    ** The Hang Seng China enterprises index  .HSCE  slides
0.7%, and the benchmark index  .HSI  falls 1%

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