Natural Food hits near 2-month high as key shareholder buys shares
BUZZ-Natural Food hits near 2-month high as key shareholder buys shares ** Shares of Natural Food International 1837.HK jump 9.7% in the fifth straight rising session to HK$1.7, their highest point since May 7
** Stock on track for the biggest one-day pct rise since March 11
** Natural health food products processor says its controlling shareholder has bought 2 million shares in the open market from June 26 to July 2 at an average price of HK$1.5144 per share, boosting its stake in the company to 42.65% from 42.56%
** Company says the controlling shareholder may further increase its shareholding in the company
** YTD, stock up 56.9%, while benchmark Hang Seng Index .HSI down 8.9%
(Reporting by Donny Kwok)
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Natural Food hits near 2-month high as key shareholder buys shares