HK-listed Renrui Human Resources hits 7-week high on robust earnings estimates

Renrui Human Resources Technology Holdings

20/01/2021 03:04

** Shares of China's recruitment services provider  6919.HK 
surge as much as 19.5% to HK$28.80, their highest since Dec. 2
    ** Stock last up 18.9%, poised for best session since
listing in December 2019; among 30 biggest pct gainers of all
listed companies on Hong Kong bourse 
    ** Sichuan-based firm expects 2020 revenue to rise 20%-30%
year on year with turnaround in net profit of up to 175 mln yuan
($27 mln) compared with 779.8 mln yuan loss in 2019, as business
improved on gradual cessation of epidemic effect in H2
 urn:newsml:reuters.com:*:nFWN2JU0M7
    ** The Hong Kong Hang Seng Commerce & Industry Index  .HSNC 
surges 2.4%
    ** The Hang Seng China enterprises index  .HSCE  rises 1.5%,
while the benchmark index  .HSI  gains 1%

($1 = 6.4728 Chinese yuan renminbi)

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