HK-listed China Hongqiao rises on share buyback

China Hongqiao

10/04/2025 05:31

** China Hongqiao Group 1378.HK rises 6.3% to HK$13.44; set for biggest one-day pct gain since March 5

** Stock on course for third straight session of rise

** Chinese aluminium products maker repurchases 62.26 mln shares from January 15 to April 9 and will continue to buy more with up to HK$2 bln ($257.7 mln)

** YTD, stock up 11.9%

($1 = HK$7.7616)

 (Reporting by Donny Kwok)

 ((donny.kwok@thomsonreuters.com))