China's loan service firm Yixin at 4-week high on bullish outlook

Yixin

23/08/2018 04:07

** Shares of Yixin Group Ltd  2858.HK  rise as much as 16
pct to HK$3.11, highest since July 26, after the automobile loan
facilitation services group posts strong H1 revenue and
forecasts continuing growth momentum in loan services
    ** The stock trims gains to HK$3.08, still up 14.9 pct, and
is heading for the best day since June 6 
    ** Co says H1 revenue up 65 pct and gross profit rises 40
pct. It says growth momentum of loan facilitation services will
continue in H2 with the number of banking partners set to expand
further  urn:newsml:reuters.com:*:nFWN1VD01K
    ** As of the previous close, the stock has fallen 57.26
percent so far this year
    ** Hong Kong benchmark index  .HSI  falls 0.6 pct

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