HK-listed MedSci Healthcare jumps on robust earnings outlook

MedSci Healthcare Holdings

12/03/2024 03:38

** Shares of MedSci Healthcare Holdings  2415.HK  jump as
much as 29.1% to HK$3.64, their highest since Feb 20, and on
course to snap three straight sessions of decline
    ** Stock on track for the biggest one-day rise since debut
on April 27 last year; top gainer in Hang Seng Composite Index
 .HSCI 
    ** The provider of marketing services for pharmaceutical and
medical device companies expects its 2023 net profit to be at
least 50 mln yuan ($7 mln), as compared to a net loss a year
ago, as it expand its business scale
    ** Hong Kong's healthcare index  .HSCIH  surges 2.5%, Hang
Seng Composite Index  .HSCI  adds 1.2% and Hang Seng Index
 .HSI  rises 1.3%
    ** Stock down 32.7% YTD 


($1 = 7.1781 Chinese yuan renminbi)

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