Chinese mobile games developer Zengame hits 1-month high on upbeat H1 outlook

Zengame Technology Holding

14/07/2023 04:59

** Shares of Zengame Technology Holding Ltd  2660.HK  jump
as much as 10.3% to HK$3.85, their highest since June 12, and on
course for a second session of gains
    ** Stock post biggest intraday pct rise since May 31
    ** The Guangdong-based mobile games developer expects to
post a 65-85% YoY rise in H1 net profit due to improvement of
its game products quality and product content
    ** The Hang Seng Composite Index on information technology
firms  .HSCIIT  climbs 0.1%, while the Hang Seng Tech Index
 .HSTECH  slips 0.2%
    ** The Hang Seng Composite Index  .HSCI  adds 0.3% and the
Hang Seng Index  .HSI  gains 0.4%
    ** As of last close, stock up 107.7% this year

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