China's Sany hits 7-1/2-month high as quarterly profit grows

Sany Heavy Equipment International Holdings

30/05/2025 06:15

** Shares of Sany Heavy Equipment International Holdings 0631.HK jump 12.5% to HK$6.58, their highest since October 8, on course for a sixth consecutive session of gains

** Stock set for its biggest one-day pct rise since September 30; sixth biggest pct gainer in Hang Seng Composite Index .HSCI, which falls 1.5%

** The Chinese industrial equipment producer said net profit for three months quarter ended in March rose 23.2% y/y, revenue up 14.5%

** Hang Seng Commerce & Industry Index .HSNC drops 2.3%, Hang Seng Index .HSI falls 1.5%

** YTD, stock up 29.7%

(Reporting by Donny Kwok)

((donny.kwok@thomsonreuters.com))