HK-listed Zhuzhou CRRC hits five-month high on Shanghai-listing progress

Zhuzhou CRRC Times Electric

23/06/2021 04:10

** Shares of China's locomotive train power converters and
control systems developer Zhuzhou CRRC Times Electric Co Ltd
 3898.HK  rise 5.7% to HK$46.55, their highest level since Jan.
21
    ** Stock, on course for its best session since June 17, is
among the 30 most actively traded by turnover
    ** The Hunan-based firm says CSRC has approved its
application for registration of its proposed initial public
issue of A shares and listing on the Science and Technology
Innovation Board of the Shanghai Stock Exchange (https://bit.ly/3vQaXac)
    ** The Hong Kong Hang Seng Commerce & Industry Index  .HSNC 
rises 1.2%
    ** The Hang Seng China Enterprises Index  .HSCE  and the
benchmark index  .HSI  are both up 0.9%
    ** As of last close, stock had surged 30.3% this year 

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