Hong Kong Int'l Construction falls as equity transfer cancelled

Tysan Holdings

10/08/2018 08:14

** Shares in Hong Kong International Construction Investment
Management Group Co Ltd  0687.HK  fall 5.4 pct to their lowest
since Aug. 7, after it says a proposed equity transfer of shares
held by HNA Group  HNAIRC.UL  in the company is terminated 
    ** Stock is set for worst day since Aug. 6
    ** The property firm said in a statement to the stock
exchange on Wednesday the proposed equity transfers of all of
the shares held by HNA Group in the company is terminated. It
gave no further details  urn:newsml:reuters.com:*:nFWN1UZ0R3
    ** As of the previous close, the stock had fallen 19.23
percent so far this year 
    ** As of 0630 GMT, about 4.62 million shares of the property
firm have been traded, compared with their 30-day moving average
of 703.89 thousand shares a day
    ** Hong Kong benchmark index  .HSI  is down 0.9 pct

 ((Reuters Messaging:
Tingting.liu@thomsonreuters.com@reuters.net))