China's Gushengtang jumps most in 8 months on upbeat H1 outlook

GUSHENGTANG HOLDINGS

04/08/2023 04:12

** Shares of traditional Chinese medicine medical and health
services group Gushengtang Holdings Ltd  2273.HK  jump 9.2% to
HK$49.50 - on track for biggest one-day pct rise since Dec. 5,
if gains hold
    ** Guangdong-based co expects H1 net profit to jump 68%-77%
YoY to 90 mln-95 mln yuan ($12.55 mln-$13.24 mln) amid increase
in number of physicians on its online healthcare platforms and
growth in number and geographic coverage of its offline medical
institutions
    ** The Hang Seng Commerce & Industry Index  .HSNC  gains
0.8% and the healthcare index  .HSCIH  adds 0.3%
    ** The Hang Seng Composite Index  .HSCI  and Hang Seng Index
 .HSI  each climbs 0.7%
    ** As of last close, the stock had fallen 10.2% this year

($1 = 7.1737 Chinese yuan)

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