HK-listed MOG Digitech hits all-time high on upbeat earnings outlook

MOG Digitech Holdings

27/07/2023 04:54

** Shares of Chinese financial technology group MOG Digitech
Holdings Ltd  1942.HK  rise 3.6% to HK$98.50, highest since
their debut in April 2020
    ** Co says it expects its H1 gross profit to jump 196.7% YoY
to 256.4 mln yuan ($35.97 mln) due to an increase in revenue
from digital supply chain financial services, digital payment
and solutions and digital retail payment solutions trading
business
    ** The Hang Seng Composite Index on information technology
firms  .HSCIIT  climbs 1.4%, and the Hang Seng Tech Index
 .HSTECH  surges 2.9%
    ** The Hang Seng Composite Index  .HSCI  rises 1.4% and Hang
Seng Index  .HSI  adds 1.3%
    
    ($1 = 7.1288 Chinese yuan)

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