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1806 - Huifu News Story

HK$3.1 0.1  2.3%

Last Trade - 13/08/20

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

BUZZ-Payment services co Huifu hits 3-mth high on robust outlook

Thu 28th February, 2019 2:46am
** Shares of Huifu Ltd  1806.HK  rise as much as 9.6 pct to
HK$3.75, their highest since Nov. 30, 2018, after the
China-based payment services provider forecasted strong growth
in yearly profit
    ** Co expects its 2018 net profit to rise more than 50 pct
from a year ago amid strong growth in payment volume*:nFWN20M0JN
    ** It says payment volume for 2018 increased more than 50
pct from a year ago to over 1.8 trillion yuan ($269.38 billion)
    ** The Hong Kong Hang Seng sub-index tracking information
technology firms  .HSCIIT  climbs 0.3 pct, while the Hang Seng
China enterprises index  .HSCE  edges up 0.04 pct 
    ** As of last close, the stock has risen 5.9 pct so far this

($1 = 6.6821 Chinese yuan renminbi)

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