Hong Kong finance firm Get Nice falls on weak H1 forecast

Get Nice Financial

06/11/2018 03:39

** Shares of Get Nice Financial Group Ltd  1469.HK  fall as
much as 10 pct to HK$0.90, tumbling from a three-and-half-month
high struck the previous day, after the securities margin
financing firm warns of falling profit
    ** The stock later trims losses to HK$0.94, still down 6
pct, and heads for worst day since March. 20
    ** Co expects to post a drop in profit for six months ended
in September amid a surge in finance costs due to an increase in
imputed interests of convertible bonds  urn:newsml:reuters.com:*:nFWN1XG0NI
    ** It is due to release its H1 results later in November
    ** As of the last close, the stock has fallen 53.3 pct so
far this year
    ** Get Nice has outperformed the Hang Seng Finance Index
sector  .HSNF  by 21.4 percentage points in the past month

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