Good morning moomooers! Here are things you need to know about today's Hong Kong:
HSI gains 67 pts, new economy and tech players were in mixed bags
The best performing industries after the bell include Agriculture and Pork Industry
WH GROUP offers buy-back of 13% shrs, $15B involved
-Moomoo News HK
Market Trend
HSI climbed 67 pts or 0.2% to 28,985. HSCEI elevated 26 pts or 0.2% to 10,831. HSTI gained 10 pts or 0.1% to 8,106.
New economy and tech players were in mixed bags. $Tencent(00700.HK)$ inched down as President Martin Lau dumped 300,000 shares in two days.$WH Group Limited(00288.HK)$ thrived 10.4% post-trading resumption and now rise over 8%, given its offer to buy back 13% shares at $15 billion.
Best Performing Industries
The best performing industries after the bell include Agriculture and Pork Industry.
source: moomoo
TOP News
WH GROUP offers buy-back of 13% shrs, $15B involved
$WH Group Limited(00288.HK)$ resolved for a conditional voluntary cash offer to be made to buy-back up to 1.917 billion shares, representing 13% of the issued share capital of the company as at the date of this announcement at a cash consideration of HKD7.8 per share.
The consideration for the offer, being approximately HKD14.952 billion if the offer is accepted in full, will be paid in cash and will be funded partially by internal resources of the Group and largely by a committed facility. The company has applied for a trading resumption today.
Source: Business Times, AAstock
Comment(0)
Reason For Report