HK-listed Television Broadcasts jumps on restructuring of businesses

Television Broadcasts

28/11/2023 01:55

** Shares of Television Broadcasts  0511.HK  jump as much as
10.1% to HK$3.82; on course for biggest one-day pct rise since
Nov. 1, if gains hold
    ** Stock hits highest since Nov. 13, snapping two sessions
of declines
    ** The broadcaster says it is restructuring its TV
broadcasting and e-commerce businesses to enhance viewer and
user experience, increase operating efficiency, and boost
long-term revenue potential
    ** Hang Seng Commerce & Industry Index  .HSNC  and Hang Seng
Index  .HIS  both slip 0.2%

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