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HK's Oriental Watch hits 10-year high as China powers robust earnings estimates

Reuters2021-06-11

** Shares of Oriental Watch Holdings Ltd rise as much as 8.9% to HK$4.40, the highest since August 2011

** The watches trader and retailer expects profit for fiscal year ended in March to amount to over HK$225 mln ($29 mln), higher than the HK$100 mln a year earlier

** Says profit boosted by significant growth in revenue in the Mainland China market as consumers increased their spending locally due to travel restrictions amid the COVID-19 pandemic

** Stock on course for the best session since Nov. 26, 2020; among the 30 biggest percentage gainers on the Hong Kong bourse

** The Hong Kong Hang Seng consumer goods and services index

gains 0.6%, and the benchmark index climbs 0.4%

** The stock had surged 52.5% this year as of last close

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Comment10

  • vic78
    ·2021-06-13
    ?
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  • Clarity
    ·2021-06-11
    [Miser] [Miser] [Miser] 
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  • RichTea
    ·2021-06-11
    Very nice
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  • Sallkwan
    ·2021-06-11
    Nice
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  • porean
    ·2021-06-11
    Damn nice
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  • OO_898
    ·2021-06-11
    Good 
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  • kcdc86
    ·2021-06-11
    Like n comment pls.. Thanks.. 
    Reply
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  • szueyann
    ·2021-06-11
    Please like and comment. Thanks
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    • szueyann
      thanks
      2021-06-11
      Reply
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    • szueyann
      thanks
      2021-06-11
      Reply
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    • duhduhduh
      pls comment on my comment
      2021-06-11
      Reply
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  • bull bill
    ·2021-06-11
    nice. i think so too
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    • bull bill
      true inflation is always on the horizon
      2021-06-11
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  • BBBBBBBBBB
    ·2021-06-11
    Like n comment pls
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    • szueyann
      ok
      2021-06-11
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