China's Phancy jumps most in over 10 weeks on Shenzhen listing progress

Phancy

26/03/2026 03:58

** Shares of Chinese artificial intelligence (AI) platform and applications company Phancy Group 6682.HK jump 10.8% to HK$38.3, set for the biggest one-day pct gain since January 12

** Stock hits the highest level since March 17, on course for third consecutive session of gains

** Phancy says it intends to launch an initial public offering of yuan-denominated shares and list on the Shenzhen Stock Exchange

** Says Beijing Regulatory Bureau of the China Securities Regulatory Commission has agreed to accept the filing registration for pre-listing tutoring

** YTD, Hong Kong stock down 14.4%, Hang Seng TECH Index .HSTECH down 12.5%

 (Reporting by Donny Kwok)

 ((donny.kwok@thomsonreuters.com))