Hong Kong-listed healthcare group Wenzhou Kangning jumps on Shenzhen listing plan

Wenzhou Kangning Hospital

09/08/2021 08:54

** Shares of healthcare facilities operator Wenzhou Kangning
Hospital Co Ltd  2120.HK  soar as much as 17.1% to HK$41, their
highest since July 19
    ** Stock last up 5.3%, heading for a fourth straight session
of gains
    ** Zhejiang, China-based co plans to apply for the A share
offering and listing on the ChiNext Market of the Shenzhen Stock
Exchange  urn:newsml:reuters.com:*:nFWN2PD19X 
    ** Says it plans to issue up to 8.29 mln A shares, raising
proceeds to fund investment, construction of hospital and
elderly care center, and to upgrade technology 
    ** Hong Kong's healthcare index  .HSCIH  climbs 0.2%
    ** The Hang Seng China Enterprises Index  .HSCE  rises 0.4%,
and the benchmark index  .HSI  gains 0.2%
    ** As of last close, the stock had surged 22.6% this year

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