** Shares of XtalPi Holdings 2228.HK rise 7.9% to
HK$8.655, their highest level since May 29
** Stock on track for third straight session of gain; fifth
biggest pct gainer in Hang Seng Biotech Index .HSBIO , which
rises 4.8%
** The Hong Kong-listed drug and material science R&D
solutions provider says its chairman and co-founder Wen Shuhao
intends to acquire shares in the open market by end-October with
his own funds of up to HK$32 million ($4.08 million)
** The board believes that the plan to increase shareholding
reflects Wen's confidence in the long-term development
prospects and value of the company - XtalPi
** YTD, stock down 9.6%, benchmark Hang Seng Index .HSI
down 2.9%
($1 = 7.8448 Hong Kong dollars)
(Reporting by Donny Kwok)
((donny.kwok@thomsonreuters.com))