HK-listed China Hanking hits 5-week high on gold resource raise in Australia

Hanking Gold International

03/12/2020 02:06

** Shares of gold miner and mineral resources explorer
 3788.HK  rise as much as 14.6% to HK$1.73, highest since Oct.
27
    ** Stock snaps 2-day losing streak, set for best day since
Oct. 22
    ** Liaoning-based co says it has increased its gold resource
of Coolgardie gold project in Western Australia by 73%
    ** Total gold resource now at 2.14 Moz gold in project
area urn:newsml:reuters.com:*:nFWN2II0IG
    ** Says resource update based on new drilling results and
new interpretation of existing drillings
    ** Stock last up 9.3%, second biggest pct gainer on HK
bourse
    ** Hong Kong Hang Seng Commerce & Industry Index  .HSNC 
climbs 0.7%
    ** Hang Seng China enterprises index  .HSCE  and benchmark
index  .HSI  both gain 0.2%
    ** As of last close, stock down 9.04% this year 

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