HK-listed BC Tech jumps after saying ops not impacted by FTX

OSL

16/11/2022 05:26

** Shares of digital assets and crypto exchange operator BC
Technology Group Ltd  0863.HK  jump as much as 10.8% to HK$3.07;
on track for fourth straight session of gain
    ** Co says it has sustained zero impact amid the collapse of
cryptocurrency exchange FTX, and situation does not have any
material adverse impact on its business operations
    ** Says co has no exposure to the token and has not
experienced any loss attributed to others impacted by the
circumstances 
    ** The Hang Seng sub-index tracking information technology
firms  .HSCIIT  drops 2.3%; the Hang Seng Tech Index  .HSTECH 
falls 1.8%
    ** The Hang Seng Composite Index  .HSCI  and the Hang Seng
Index  .HSI  each decline 1.1%
    ** As of last close, co stock had dropped 69.2% this year
 (Reporting by Donny Kwok)
 ((donny.kwok@thomsonreuters.com))