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2007-6-14 11:40:00 a.m. HKT, XFNA
STOCK ALERT - Hong Kong's U-Right sharply higher on China expansion plans
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HONG KONG (XFN-ASIA) - U-Right International Holdings Ltd was sharply
higher on news that it will raise 140.2 mln hkd for the expansion of its
fashion clothes retail business in China via a share sale, dealers said.
The stock was up 0.015 hkd or 3.90 pct at 0.40, off a high of 0.43.
U-Right has agreed to place 400 mln shares at 0.36 hkd per share.
(1 usd = 7.8 hkd)
roby.lau@xfn.com
rl/kmq xfnrl/xfnkm
MMMM
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