HK-listed game publisher Mobvista rises most in 5 weeks as shareholder ups stake

Mobvista

21/05/2021 03:36

** Shares of game publishing and mobile advertising services
provider Mobvista Inc  1860.HK  rise as much as 8.5% to HK$7.16,
on course for their best day since April 14 
    ** Stock on track for a second consecutive session of gain,
among the 30 biggest percentage gainers on the Hong Kong bourse
    ** Guangdong, China-based co says controlling shareholder
Seamless Technology Ltd bought 1.502 mln shares in the open
market on May 20 at an average price of HK$6.6990 each
    ** With the purchase, Seamless raised its stake to 1.13 bln
shares, or 70.3% of the issued share capital (https://bit.ly/3ymlE77)
    ** The Hong Kong Hang Seng sub-index tracking information
technology firms  .HSCIIT  falls 1.1%, while the Hang Seng Tech
Index  .HSTECH  climbs 0.6%
    ** The Hang Seng China enterprises index  .HSCE  gains 0.1%,
while the benchmark index  .HSI  slips 0.5%
    ** As of last close, the stock had surged 36.9% this year

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