BUZZ-China's Haier Smart Home HK shares at 5-month peak on higher H1 profit, dividend

Reuters
Aug 29
BUZZ-China's <a href="https://laohu8.com/S/HRSHF">Haier Smart Home</a> HK shares at 5-month peak on higher H1 profit, dividend

** Hong Kong shares of Haier Smart Home 6690.HK jump 7.1% to HK$26.86, their highest since March 27

** Stock set for biggest one-day pct rise since May 12, on track to snap two straight sessions of gains

** Top pct gainer on Hang Seng Tech Index .HSTECH and second biggest on Hang Seng Commerce & Industry Index .HSNC

** Shanghai-listed stock 600690.SS rises 4.5% to 27.16 yuan, its highest since July 24

** The Chinese home appliance maker said its H1 net profit rose 15.6% y/y, revenue up 10.2% y/y

** Co declared an interim dividend of 2.69 yuan in cash for every 10 shares held vs nil in a year ago period

** Hang Seng Consumption Index .HSCGSI rises 1%, benchmark Hang Seng Index .HSI adds 0.6%

** YTD, Haier Smart's Hong Kong stock down 2.8%, Shanghai shares down 6.3%

(Reporting by Donny Kwok)

((donny.kwok@thomsonreuters.com))

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