China's Sany Heavy Equipment Int'l hits near 8-week high on robust H1 outlook

Sany Heavy Equipment International Holdings

11/07/2019 06:23

** Shares of Sany Heavy Equipment International Holdings
Company Ltd  0631.HK  rise as much as 6.2% to HK$3.24, their
highest May 17; on track for their 3rd straight session of gain
    ** Liaoning-based coal mining equipment maker expects its
first half profit to "increase significantly" from a year ago
amid increased replacement demand for coal machinery equipment
and a rise in orders for coal machinery products  urn:newsml:reuters.com:*:nFWN24B0C6
    ** As of Wednesday's close, the stock had risen 14.2% so far
this year
    ** Sany Heavy Equipment has outperformed the Hang Seng
Commerce & Industry Index sector  .HSNC  by 7.1 percentage
points in the past one month
    ** The Hang Seng China enterprises index  .HSCE  climbs 1.3%
while the benchmark index  .HSI  rises 1.2% on Thursday

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