HK's Perfect Medical jumps on share buyback; chairman raises stake

Perfect Medical Health Management

17/09/2021 06:48

** Shares of slimming and beauty services provider Perfect
Medical Health Management Ltd  1830.HK  jump 7.3% to HK$6.20,
their biggest daily percentage gain since Sept 3
    ** Stock on course to snap four consecutive session of
losses
    ** Co says it bought back 1 mln shares in the open market
for HK$5.7 mln ($732,525) on Sept 16  urn:newsml:reuters.com:*:nFWN2QI0K8
    ** Says Chairman Au-Yeung Kong has also bought 1 mln shares
in the open market for HK$5.8 mln on Sept 16, raising his stake
in the company to 72.23% from 72.15%  urn:newsml:reuters.com:*:nFWN2QI02C
    ** Co says chairman may consider increasing his stake
further in the company when appropriate 
    ** The Hong Kong Hang Seng Commerce & Industry Index  .HSNC 
surges 2.3%, and the healthcare index  .HSCIH  jumps 4.5%
    ** The Hang Seng China Enterprises Index  .HSCE  rises 1.2%
and the benchmark index  .HSI  gains 0.7%
    ** As of last close, stock up 83% this year
    
    ($1 = 7.7813 Hong Kong dollars)

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