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BRIEF-Esprit Holdings clarifies on unusual price and trading volume movements of co
June 20, 2017 / 1:00 PM / 3 months ago

BRIEF-Esprit Holdings clarifies on unusual price and trading volume movements of co

June 20 (Reuters) - Esprit Holdings

* Noted recent decreases in price and increases in trading volume of shares of company

* “These unusual movements do not correspond to any material adverse change in operation and business development of group”

* “Board does not know whether recent decreases in price and increases in trading volume of the shares of company was caused by hsbc report”

* Also noted Hsbc Global Research report on 12 june relating to co reducing its target price from hk$5.00 per share to hk$4.80 per share Source text for Eikon: Further company coverage: (bangalore.newsroom@thomsonreuters.com)

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