Beijing Kingsoft jumps most in 5-1/2 months on share repurchase plan
BUZZ-Beijing Kingsoft jumps most in 5-1/2 months on share repurchase plan ** Shares of Beijing Kingsoft Office Software Inc 688111.SS jump 10.2% to 220.48 yuan, on track for the biggest one-day pct rise since January 12
** Stock touches the highest level since June 23, on track to snap four declining sessions
** China-based office software producer says it plans to buy back A-share in the open market for 250-500 mln yuan ($36.78-$73.55 mln)
** YTD, stock down 28.8%, while benchmark CSI300 Index .CSI300 up 4.8%
(Reporting by Donny Kwok)
Recent news on Kingsoft
See all newsBeijing Kingsoft jumps most in 5-1/2 months on share repurchase plan
Brief: Kingsoft Says Yi Li To Resign As Acting Chief Financial Officer
Advisory: Incorrect alert on Kingsoft Corp's Q1 revenue withdrawn
China's Kingsoft gains most in 5 months on FY profit jump
Brief: Kingsoft Declares Final Dividend HK$0.13 Per Share