HUTCHISON (00013.HK) +2.100 (+2.027%) Short selling $67.78M; Ratio 13.815% 's
entering into the formal agreement in regard to the acquisition of the
UK mobile telecom operator O2 is believed to be a positive step for the
company, JP Morgan said in a report. Given that the transaction is still
pending the approval from the regulatory authority (may take at least
one year) and the synergy effect will not be seen immediately, so the
deal will not push up HUTCHISON's share price remarkably in the short
term.
BASETROPHY GP (08460.HK) Expects Jan-Aug Results to Swing to Loss BASETROPHY GP (08460.HK) -0.013 (-8.280%) issued a profit warning. The group is expected to record a loss for the eight months ended 31 August 2017 as compared with a net profit for the same period of 2016, mainly due to the decrease in revenue recognised by the group and increase of listing expense
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