Shares of HK-listed Ping An Healthcare climb, parent hikes stake

Ping An Healthcare and Technology Co

08/05/2019 04:01

** Shares of Ping An Healthcare and Technology Co Ltd
 1833.HK  climb as much as 3.5 pct to HK$40.30
    ** Stock up after controlling shareholder raises stake in
the operator of China's biggest online healthcare platform
    ** Co says controlling shareholder Ping An Insurance (Group)
Co of China Ltd  601318.SS   2318.HK  has exercised part of a
call option, raising its stake in the company to 41.27 pct from
39.27 pct  urn:newsml:reuters.com:*:nFWN22J0GF
    ** Hong Kong-listed stock of Ping An Insurance falls as much
as 2.3 pct to its lowest in five weeks
    ** As of last close, shares of Ping An Healthcare up 41.1
pct this year
    ** The Hong Kong Hang Seng sub-index tracking information
technology firms  .HSCIIT  climbs 2.4 pct, while the Hang Seng
China enterprises index  .HSCE  slides 0.7 pct


 (Reuters Messaging: donny.kwok.thomsonreuters.com@reuters.net)