HK-listed property firm S-Enjoy at all-time high on robust outlook

S Enjoy Service

14/02/2020 04:08

** Shares of Chinese property management services firm
S-Enjoy Service Group Co Ltd  1755.HK  rise as much as 7.9% to
an all-time high at HK$17.80
    ** Stock is on track for the fifth straight session of gain 
    ** Shanghai-based company expects 2019 net profit to jump at
least 80% on the year, fuelled by increase in gross floor area
under management and revenue growth from value-added services
and smart community services  urn:newsml:reuters.com:*:nFWN2AD0N8
    ** Says annual results to be published by end March
    ** Brokerage Jefferies raises price target to HK$18.70 from
HK$17.27, saying the firm is its top pick amid its rapid scale
expansion 
    ** Stock has surged 35.5% this year by previous close 
    ** The Hong Kong Hang Seng sub-index tracking property firms
 .HSNP  rises 1%
    ** The Hang Seng China enterprises index  .HSCE  and the
benchmark index  .HSI  both climb 0.7%


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