HK's Zensun rises most in 2 weeks on plans to join MSCI index

Reuters2021-05-13

** Shares of property developer Zensun Enterprises Ltd

rise as much as 7% to HK$0.61, on course for best day since April 30

** Co says it will be included as a constituent in the MSCI Hong Kong small-cap index, with effect after market close on May 27

** Says the inclusion into the index is expected to enhance its reputation and increase trading liquidity

** As of last close, Zensun stock up 32.6% this year

** Marketing services group Joy Spreader Interactive Technology Ltd climb 5.7% on inclusion plans in MSCI China small-cap index after market close on May 27

** Property development and management group Powerlong Real Estate Holdings Ltd rise 2.8% on inclusion plans in MSCI China Index

** The Hong Kong Hang Seng sub-index tracking property firms

slips 0.9%

** The Hang Seng China enterprises index slides 0.9%, and the benchmark index eases 0.7%

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