BUZZ-Guangdong Investment climbs most in 13 months on robust earings outlook

Reuters01-29
BUZZ-Guangdong Investment climbs most in 13 months on robust earings outlook

** Shares of Guangdong Investment 0270.HK climb 6.2% to HK$7.57, on course for the biggest one-day pct gain since December 2024

** Stock hit the highest point since December 5 on the second session of gain

** Chinese water distribution and sewage treatment group expects its 2025 net profit to jump 43% y/y thanks to saving on net finance costs and administrative expenses of its operations, among others

** YTD, stock up 10.5%, benchmark Hang Seng Index .HSI up 9%

(Reporting by Donny Kwok)

((donny.kwok@thomsonreuters.com))

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