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3738 — Vobile News Story

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TechnologyHighly SpeculativeMid CapFalling Star

HK-listed software group Vobile falls for third day to 10-mth low

** Shares of software solution service provider Vobile Group
Ltd  3738.HK  drop 9.5% to HK$5.15, the lowest since March 11,
extending losses for the third consecutive session 
    ** Stock set for the biggest daily percentage drop since
July 27; the fourth-biggest percentage decliner in Hang Seng
Composite Index  .HSCI  
    ** Company says Chairman Bernard Wang had on Jan. 5 bought
an aggregate 800,000 shares in the market at an average price of
HK$5.67 each, raising his stake in the company to 12.81% from
12.77%  urn:newsml:reuters.com:*:nFWN2TL0X4
    ** Hang Seng sub-index tracking information technology firms
 .HSCIIT  gains 0.2% while Hang Seng Tech Index  .HSTECH  slips
0.8%
    ** Hang Seng Composite Index  .HSCI  falls 0.9% and Hang
Seng Index  .HSI  eases 0.6%

 (Reporting by Donny Kwok)
 ((donny.kwok@thomsonreuters.com))

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