BUZZ — Hangzhou SF rises most in 3 — 1/2 months as major shareholder buys shares
* Shares of Hangzhou SF Intra-City Industrial rise 7.1% to HK$9.15, on track for the biggest one-day pct gain since June 2 * China-based intra-city on-demand delivery service provider says major shareholder, S.F. Holding, acquired 45.844 million H shares, or 4.9973% of the issued share capital, by a block trade * S.F. Holding's shareholding in the company increases to 582.35 million shares from 536.50 million shares, or rises to about 63.5% from about 58.5% * Move demonstrates S.F. Holding's confidence in the company's business prospects, and the key shareholder also indicates that it currently has no plan to reduce shareholding in the company - Hangzhou SF * YTD, stock down 17.6%, benchmark Hang Seng Index down 3.4% (Reporting by Donny Kwok) ((donny.kwok@thomsonreuters.com)
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