Shenzhen Ldrobot jumps as unit buys German gardening machinery maker
BUZZ-Shenzhen Ldrobot jumps as unit buys German gardening machinery maker ** Shares of Shenzhen Ldrobot 1236.HK jump as much as 20% to HK$31.68, their highest level since September 14
** Stock last up 3% in fourth consecutive session of gain
** China-based visual perception products and intelligent robot lawn mowers maker says its Singapore unit has agreed to buy 100% equity interest in SABO-Maschinenfabrik GmbH for EUR 6 million ($6.72 million)
** SABO-Maschinenfabrik is a long established German manufacturer of high-end gardening machinery and distributes its products through a network of more than 1,400 specialist retailers across Europe - Co
** Since debut on May 11, stock up 3.2% from the offer price of HK$26.36 apiece
** YTD, Hang Seng TECH Index .HSTECH down 25.4%
($1 = 0.8925 euros)
(Reporting by Donny Kwok)