Beijing Kingsoft jumps most in 5-1/2 months on share repurchase plan
29/06/2026 03:20
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)
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Beijing Kingsoft jumps most in 5-1/2 months on share repurchase plan