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1036 - Vanke Overseas Investment Holding Co News Story

HK$2.65 0.1  3.1%

Last Trade - 8:04am

Small Cap
Market Cap £98.7m
Enterprise Value £126.5m
Revenue £24.8m
Position in Universe 2825th / 5988

BUZZ-HK's Vanke Property rises to 5-week high on upbeat H1 outlook

** Shares of Vanke Property (Overseas) Ltd  1036.HK  rise
5.4 pct to HK$4.90, highest since June 19
    ** Property firm expects H1 profit to grow 260 pct on year,
amid fair value gain on investment properties, an increase in
interest income on bank deposits, and a rise in revenue from
rental and property management*:nFWN1UM18C
    ** Co due to publish its interim results in August
    ** Vanke Property has underperformed the Hang Seng Property
Index  .HSNP  by 1.9 pct points in the past one month
    ** As of 0413 GMT, about 129,000 shares change hands,
compared with 30-day moving average of 34,900 shares a day
    ** Hong Kong benchmark stock index  .HSI  down 0.2 pct

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