HK's GOME eyes best day in 5 months on deal to form supply chain sharing centre

GOME Retail Holdings

23/07/2021 03:35

** Shares of China's electrical appliances retail chain
operator GOME Retail Holdings Ltd  0493.HK  rise 12.1% to
HK$1.02, on course for the best day Feb. 25 
    ** Stock hit the highest since July 2, extending gains for
the third straight session; it's the top gainer in the Hang Seng
Composite Index  .HSCI  and the seventh biggest gainer on the
Hong Kong bourse
    ** GOME says its unit has teamed up with a subsidiary of
state-owned Shenzhen Investment Holdings Co Ltd and Eternal Asia
Supply Chain Management Ltd  002183.SZ  for the formation of a
commodity supply chain sharing centre, retail platform and smart
production chain centered around the Bay Area  urn:newsml:reuters.com:*:nFWN2OY0MG
    ** Shenzhen shares of Eternal Asia rise 5.1%  
    ** The Hong Kong Hang Seng Commerce & Industry Index  .HSNC 
slips 0.7% and the Hang Seng consumer goods and services index
 .HSCGSI  eases 0.8%
    ** The Hang Seng Composite Index  .HSCI  slides 0.7%
    ** Both the Hang Seng China Enterprises Index  .HSCE  and
the benchmark index  .HSI  eases 0.8%
    ** As of last close, stock of Beijing-based GOME had slid
2.2% this year

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