China Yongda Auto jumps most in six weeks as chairman ups stake

China Yongda Automobiles Services Holdings

28/04/2022 05:16

** Shares of China Yongda Automobiles Services Holdings Ltd
 3669.HK  jump 8.7% to HK$7.09; biggest daily pct gain since
March 16, if gains hold
    ** Stock on track for second session of gains and
second-biggest percentage gainer in Hang Seng Composite index
 .HSCI  
    ** Chinese passenger vehicles distributor and after-sales
services provider says its chairman and executive director
Cheung Tak On purchased 500,000 company shares in the open
market on April 27  urn:newsml:reuters.com:*:nFWN2WO0TO
    ** Together with another 500,000 shares bought on April 26, 
Cheung has purchased an aggregate 1 mln shares during the
two-day period 
    ** Hang Seng consumer goods and services index  .HSCGSI 
gains 0.2%, while the Hang Seng Composite index for industrials
 .HSCIIG  climbs 0.9%
    **  .HSCI  rises 1.1%, benchmark Hang Seng index  .HSI  up
1.2%

 (Reporting by Donny Kwok)
 ((donny.kwok@thomsonreuters.com))