China's TUHU Car hits 2-month peak as key shareholder raises stake

TUHU Car

23/04/2024 04:05

** Shares of Chinese online and offline automotive service
platforms provider TUHU Car Inc  9690.HK  jump 8.7% to HK$19.90,
their highest since Feb 28
    ** Stock on course for biggest one-day pct rise since April
3 if current gains hold; third biggest pct gainer in the Hang
Seng Composite Index  .HSCI  
    ** TUHU Car says its major shareholder FIL Ltd has acquired
additional shares in co, raising its stake to 5.03%. It gave no
further details
    ** The Hang Seng Tech Index  .HSTECH  rises 2.5%, the Hang
Seng Composite Index  .HSCI  climbs 1.4% and the Hang Seng Index
 .HSI  adds 1.5%
    ** Stock down 30.7% YTD  

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