Business
China's Xiaocaiyuan rises most in six weeks on robust H1 outlook
China's Xiaocaiyuan rises most in six weeks on robust H1 outlook

About this update from Xiaocaiyuan International Holding Ltd.
** Xiaocaiyuan International Holding's shares (2999.HK) soar 8.4% to HK$10.14, marking biggest one-day pct gain since June 23 ** Stock hit highest level since July 23, set to snap four-session losing streak** Restaurant chain operator expects net profit for six months ended in June to rise compared to same period in 2024** Says profit increase due to improvement in its operating efficiency** Hang Seng Consumption Index (.HSCGSI) climbs 0.7%, benchmark Hang Seng Index HSI:HSI gains 0.4%** YTD, stock up 8.9%($1 = 7.1785 yuan) ($1 = 7.8499 Hong Kong dollars)
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