HK-listed TUHU Car jumps most in 21 months on share buyback plan
29/06/2026 04:49
BUZZ-HK-listed TUHU Car jumps most in 21 months on share buyback plan ** Shares of automotive products and services provider TUHU Car Inc 9690.HK jump 12.6% to HK$12.88, on track for the biggest one-day pct rise since September 2024
** Stock hit the highest point since June 18** TUHU says it plans to repurchase shares in the open market for up to HK$1.5 bln ($191.28 mln) to demonstrate the company' confidence in its business outlook and prospects
** YTD, stock down 21.3%, benchmark Hang Seng Index .HSI down 9.6%
($1 = 7.8418 Hong Kong dollars)
(Reporting by Donny Kwok)
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