HK-listed Kintor Pharma jumps on inclusion in Stock Connect program

Kintor Pharmaceutical

07/09/2021 03:35

** Shares of Kintor Pharmaceutical Ltd  9939.HK  jump 5.9%
to HK$83.70, the biggest intraday percentage gain since Sept 1,
and on track for the second session of gains
    ** The Chinese biotech firm says its stock has been included
in the Hong Kong Stock Connect program effective Sept 6 (https://bit.ly/3BQ8oIz)
    ** Jiangsu, China-based Kintor says the inclusion will help
expand its investor base and enhance liquidity of stock
    ** The Hang Seng healthcare index  .HSCIH  slips 0.8% while
the Hang Seng Composite Index  .HSCI  climbs 0.6%
    ** The Hang Seng China Enterprises Index  .HSCE  rises 0.9%,
and the benchmark index  .HSI  is up 0.7%
    ** As of last close, the stock had soared 655.3% this year
    

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