HK's Perfect Medical rises most in nearly 4 weeks on share buyback

Perfect Medical Health Management

23/08/2021 08:28

** Shares of slimming and beauty services provider Perfect
Medical Health Management Ltd  1830.HK  rise 5.6% to HK$6.76,
the biggest daily percentage gain since July 28, and on course
to snap two straight sessions of decline
    ** Company says it had on Aug. 16 and 20 bought back a total
1.11 mln shares, or 0.09% of its stake in the open market, for
HK$7.42 mln ($952,454) to demonstrate its confidence in its own
business outlook and prospects (https://bit.ly/2WhObfF)
    ** Says chairman and chief executive officer Au-Yeung Kong
bought 10.57 mln shares in the open market from Jan. 15 to Aug.
19 and another 986,000 shares on Aug. 20, lifting his stake in
the company to about 882.1 mln shares or 72.09% of the issued
share capital  urn:newsml:reuters.com:*:nFWN2PS0HS
    ** The Hong Kong Hang Seng consumer goods and services index
 .HSCGSI  rises 1.8%, and the healthcare index  .HSCIH  jumps
4.4%
    ** The Hang Seng China Enterprises Index  .HSCE  climbs 0.8%
and the benchmark index  .HSI  is up 1%
    ** The stock had soared 98.8% this year as of last close 


($1 = 7.7904 Hong Kong dollars)

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