Beijing Enterprises Water Rises Most Since 2009: Hong Kong Mover
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Beijing Enterprises Water Group Ltd., the sewage treatment unit of Beijing Enterprises Holdings Ltd., climbed the most in more than three years after agreeing to a reduced price for assets it’s acquiring from its parent.
The shares jumped 16 percent in Hong Kong trading to HK$1.57, their highest in seven weeks and most since March 2009, topping the benchmark Hang Seng Index’s 1.7 percent gain.