HK-listed mobile games developer Zengame hits 8-wk high on robust H1 outlook

Zengame Technology Holding

10/07/2019 02:50

** Hong Kong-listed shares of China's Zengame Technology
Holding Ltd  2660.HK  rise as much as 21.8% to HK$1.06, their
highest since May 17, after the mobile games developer forecast
strong growth in first half profit 
    ** Stock, which listed in Hong Kong on April 16, was the
biggest percentage gainer in early trade 
    ** Co expects to post more than 30% year-on-year rise in
first half net profit amid an increase in revenue from in-game
advertising business  urn:newsml:reuters.com:*:nFWN24A0D6
    ** The interim results is due to release in August 
    ** The Hong Kong Hang Seng sub-index tracking information
technology firms  .HSCIIT  climbs 0.9%
    ** The Hong Kong benchmark index  .HSI  gains 0.6%

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