HK's Vesync hits record high on robust earnings forecast

Vesync Co

10/02/2021 06:49

** Shares of home appliance developer and online distributor
Vesync Co Ltd  2148.HK  surge as much as 23.3 to HK$18.18, a
record high 
    ** Stock, last up 21.9%, is poised for the best session
since Dec. 21; among the 30 biggest percentage gainers on the
Hong Kong bourse
    ** Co expects its 2020 net profit to increase 600%-900% from
the previous year due to increased number of products sold amid 
rise in consumers' awareness in maintaining a healthy home
environment  urn:newsml:reuters.com:*:nFWN2KF1GT
    ** The Hong Kong Hang Seng sub-index tracking information
technology firms  .HSCIIT  jumps 3.1%, and the Hang Seng Tech
Index  .HSTECH  rises 2.4%
    ** Both the Hang Seng China enterprises index  .HSCE  and
the benchmark index  .HSI  rise 1.8%

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