Chinese property manager Jinke Smart hit all-time low on weak H1 results

Jinke Smart Services Co

31/08/2022 06:42

** Shares of Chinese property manager Jinke Smart Services
Group Co Ltd  9666.HK  drop as much as 15.4% to HK$8.68, their
lowest since debut in Hong Kong in November 2020
    ** Stock set for biggest daily pct decline since Aug. 1 and
on track for third consecutive session of fall
    ** Biggest pct loser in Hang Seng Composite Index  .HSCI 
and Hang Seng Composite Index on properties and construction
stocks  .HSCIPC  
    ** Chongqing-based company says its H1 profit attributable
to owners of the company fell 31.9% from a year ago period to
357.2 million yuan ($51.83 million)  urn:newsml:reuters.com:*:nFWN30612M
    ** Hang Seng Mainland Properties Index  .HSMPI  rises 1.2%
and Hang Seng Composite Index on properties and construction
stocks  .HSCIPC  gains 0.4%
    ** Hang Seng Composite Index  .HSCI  and Hang Seng Index
 .HSI  both climb 0.9%
    ** As of last close, the stock had plunged 69.8% this year


($1 = 6.8918 Chinese yuan renminbi)

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