HK's PC Partner hits record high on robust earnings outlook

PC Partner

15/12/2021 05:53

** Shares of electronics and personal computer parts maker
PC Partner Group Ltd  1263.HK  jump 18.2% to HK$17.96, their
highest since January 2012 debut
    ** Stock on course for biggest daily percentage gain since
Sept. 6; third biggest percentage gainer on the Hong Kong bourse
    ** Co expects to record a profit of not less than HK$2 bln 
($256.37 mln) for the year ending in December 2021, compared
with a profit of HK$207.3 mln in the previous year, due to an
increase in sales revenue of video graphic cards  urn:newsml:reuters.com:*:nFWN2SZ159
    ** Says prices of video graphic cards continue to rise and
the product mix keeps moving towards more expensive video
graphic cards segment and the company remains cautiously
optimistic about its future business development and performance
    ** The Hang Seng Commerce & Industry Index  .HSNC  slips
0.2% and the Hang Seng sub-index tracking information technology
firms  .HSCIIT  eases 0.1% 
    ** The Hang Seng China Enterprises Index  .HSCE  slides
0.3%, while the benchmark Hang Seng Index  .HSI  edges up 0.03%
    ** By last close, the stock had soared 539% this year 

($1 = 7.8011 Hong Kong dollars)

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