HK-listed Zhou Hei Ya jumps most in 4 weeks on strong H1 results

Zhou Hei Ya International Holdings

25/08/2021 07:38

** Shares of Chinese snack food group Zhou Hei Ya
International Holdings Company Ltd  1458.HK  rise 9.7% to
HK$6.98, their biggest daily percentage gain since July 28
    ** Stock hits its highest since July 30, and is on course
for a third consecutive session of gains; stock is the
fifth-biggest percentage gainer in the Hang Seng Composite Index
 .HSCI  
    ** The Hubei-based braised duck-related food producer said
its net profit for six months ended June came in at 229.6 mln
yuan ($35.5 mln), from a loss of 42.2 mln yuan a year earlier,
with revenue suring 60.5% to 1.45 bln yuan  urn:newsml:reuters.com:*:nFWN2PU15M
    ** Brokerage Daiwa reaffirms "buy" rating on the stock,
saying it should trade on par with its peers 
    ** The Hong Kong composite Industry Index tracking consumer
staples  .HSCICS  eases 0.5% and the Hang Seng Composite Index
 .HSCI  slips 0.02%
    ** The Hang Seng China Enterprises Index  .HSCE  slides 0.4%
and the benchmark index  .HSI  dips 0.3%
    ** Stock down 22.82% this year, as of last close 

   ($1 = 6.4748 Chinese yuan)

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