e-mall group Hong Kong Technology Venture jumps as HK set new measures on COVID

Hong Kong Technology Venture Co

05/01/2022 08:36

** Shares in multimedia services and 24-hour e-shopping mall
operator Hong Kong Technology Venture Co Ltd  1137.HK  jump
12.9% to HK$9.18, biggest daily percentage gain since Sept. 1,
as investors snap up shares of e-mall operator on government's
new COVID-19 measures
    ** Stock of Hong Kong Technology Venture, with current
market value of HK$8.34 billion ($1.07 billion), hit the highest
since Nov. 30, on track to snap two session of decline
    ** Hong Kong leader Carrie Lam said on Wednesday that the
government will introduce a series of new measures to curb the
spread of COVID-19, as she warned the global financial hub was
on the verge of another outbreak  urn:newsml:reuters.com:*:nP8N2PH01X
    ** The new rules include a ban on flights from eight
countries for two weeks from Jan. 8, effecting Britain, the
United States, Canada, Australia, Pakistan, Philippines, France
and India, and early closure of indoor dining venues 
    ** Hang Seng consumer goods and services index  .HSCGSI 
falls 2.9% and Hang Seng Composite on consumer staples  .HSCICS 
slips 0.5%
    ** Hang Seng Tech Index  .HSTECH  drops 4.6% and the 
benchmark Hang Seng Index  .HSI  falls 1.6%

($1 = 7.7938 Hong Kong dollars)

 (Reporting by Donny Kwok, Editing by Louise Heavens)
 ((donny.kwok@thomsonreuters.com))