Chinese online auto finance group Yixin jumps most in 10 months on strong Q3

Yixin

14/12/2021 05:53

** Shares of Chinese online auto finance solutions provider
Yixin Group Ltd  2858.HK  surge 22.6% to HK$1.68, their biggest
daily pct gain since Feb. 16
    ** Stock of Shanghai-based company hit highest since Nov. 4;
the biggest percentage gainer on the Hang Seng Composite Index
tracking financials stocks  .HSCIF  
    ** Tencent-backed company says total financed automobile
transactions, including new and used, for Q3 rose 27% year on
year to 140,000 (https://bit.ly/3F5Aem8)
    ** Stock of Tencent  0700.HK  slips 1.1% 
    ** Hang Seng Tech Index  .HSTECH  falls 2% and Hang Seng
Composite Index tracking financials stocks  .HSCIF  slips 1.3%
    ** Hang Seng Composite Index  .HSCI  falls 1.4% and Hang
Seng Index  .HSI  slides 1.2%
    ** As of last close, Yixin stock had fallen 55.8% this year

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