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1806 - Huifu News Story

HK$3.08 -0.0  -0.7%

Last Trade - 9:08am

Market Cap £399.4m
Enterprise Value £250.2m
Revenue £407.5m
Position in Universe 1318th / 5989

BUZZ -HK payment services firm Huifu surges on business tie-up with First Data

Fri 21st September, 2018 3:21am
** Shares of payment services provider Huifu Ltd  1806.HK 
jumps as much as 10.8 pct to HK$4.51, highest since Sept 13,
after the China-based firm says to tie up with First Data Corp
 FDC.N  to strengthen Chinese yuan payment business
    ** The stock later trims gain to HK$4.41, still up 8.4 pct,
and heading for the best day in a week
    ** Huifu and First Data will carry out strategic cooperation
in business, marketing and fintech, in particular in payment
receipt in RMB, capital clearing and settlement, and daily
surveillance of transactions  urn:newsml:reuters.com:*:nFWN1W6008
    ** The Hong Kong benchmark index  .HSI  rises 0.5 pct

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