HK-listed virtual service firm Fulu hits over 3-mth high on upbeat earnings outlook

Fulu Holdings

29/01/2021 06:34

** Shares of virtual goods and service platforms operator
Fulu Holdings Ltd  2101.HK  rise as much as 9.1% to HK$8.42,
their highest since Oct. 9, on course for second straight
session of gains
    ** Stock last up 4.9%; on track to finish the week up 15.6%,
and posied for the best week since listing in September 2020 
    ** Hubei-based firm expects 2020 revenue to jump up to 45%
from the previous year with net profit soaring as much as 60%,
thanks to an increase in revenue from virtual goods-related
services and online store operating services  urn:newsml:reuters.com:*:nFWN2K313Y
    ** Says annual results will be published in late March 2021
    ** The Hong Kong Hang Seng sub-index tracking information
technology firms  .HSCIIT  climbs 0.1%, while the Hang Seng Tech
Index  .HSTECH  slips 0.8%
    ** The Hang Seng China enterprises index  .HSCE  slides 1%,
and the benchmark index  .HSI  eases 0.8%

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