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316 — Orient Overseas (International) News Story

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HK-listed OOIL climbs most in 8 weeks on quarterly revenue growth

BUZZ-HK-listed OOIL climbs most in 8 weeks on quarterly revenue growth

** Shares of Orient Overseas (International) 0316.HK (OOIL) climb 5.2% to HK$161, on course for their biggest one-day pct gain since August 17

** Stock hits their highest level since August 28 in the fourth straight session of gains

** The container transport and logistics services group said its Q3 liner revenue increased 45.1% y/y to $3.28 billion, while revenue for the first three quarters rose 18.9% y/y to $7.96 billion

** Top pct gainer in the benchmark Hang Seng Index .HSI, which gains 0.2%

** YTD, stock up 26.9%, while Hang Seng Index .HSI down 5.4%



(Reporting by Donny Kwok)

((donny.kwok@thomsonreuters.com))

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