** Shares of XtalPi Holdings 2228.HK, a provider of drug and material science research and development solutions, jump as much as 9.7% to HK$7.25, their highest levels since November 8
** Stock on track for the biggest one-day pct gain since February 10, if gains hold
** XtalPi, which went public on June 13, expects its 2024 revenue to reach HK$250 million ($32.13 million), meeting the revenue threshold requirement for specialist technology companies under Hong Kong's listing rules
** According to the listing rules, specialist technology companies must prove that it meets the definition of such a company and generate at least HK$250 million from their specialist technology business segments in the most recent audited financial year, among other criteria
** Hang Seng Commerce & Industry Index .HSNC rises 2.1%, healthcare index .HSCIH climbs 2.4% and Hang Seng Index .HSI advances 1.3%
($1 = 7.7810 Hong Kong dollars)
(Reporting by Donny Kwok)
((donny.kwok@thomsonreuters.com))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.