Hong Kong-listed Hangzhou Sf Intra-City climbs on share buyback plan

Hangzhou Sf Intra-City Industrial Co

07/06/2024 04:33

** Shares of intra-city on-demand delivery service group
Hangzhou Sf Intra-City Industrial Co Ltd  9699.HK  climb 2.1% to
HK$12.40, on track to snap two straight sessions of falls
    ** Co, backed by China's express logistics service group
S.F. Holding  002352.SZ , says it intends to repurchase shares
in the open market for up to HK$200 mln ($25.6 mln), in a deal
to be funded by its own financial resources
    ** Stock of S.F. Holding rises 1.3% 
    ** The Hang Seng Commerce & Industry Index  .HSNC  eases
0.9%, the Hang Seng Tech Index  .HSTECH  falls 1.7% and the Hang
Seng Index  .HSI  slips 0.6%
    ** Stock of Hangzhou Sf Intra-City up 17.9% YTD  

($1 = 7.8096 Hong Kong dollars)

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