Brief: Yuxing InfoTech Investment updates on disposal of shares in Ping An Insurance

Yuxing InfoTech Investment Holdings

28/06/2016 23:16

June 29 (Reuters) - Yuxing InfoTech Investment Holdings Ltd  8005.HK : 
 * Disposed of 2.6 million A shares in Ping An Insurance of China and acquired 3.0 million H shares in Ping An 
 * Group is expecting to recognise an accounting gain on the disposal of available-for-sale financial assets of approximately HK$34.9 million 
 * Accounting gain expected to reduce some of loss attributable to owners of the company for the six months ending 30th June 2016 
 * The financial management actions are expected to minimise the currency risk arising from the fluctuation of Renminbi 
 
 
* Source text for Eikon  ID:nHKS3CrrTj  
 
* ((For more news, please click here  8005.HK )) ((Bengaluru Newsroom; +91 80 
6749 1130))