HK-listed Yixin hits 5-week high as Q3 auto transactions grow

Yixin

03/12/2025 03:21

** Shares of automotive financing and value-added service provider Yixin Group 2858.HK climb 4.5% to HK$2.53, their highest level since Oct 28

** Stock on track for the biggest one-day pct rise since Nov 26

** Yixin said its automobile transactions, encompassing new and used vehicles, increased 22.6% y/y to 235,000 transactions for third quarter ended in September, and total financing amount for used vehicles up 51.3% y/y to 12.1 bln yuan ($1.71 bln)

** YTD, stock up 188.4%, Hang Seng Index .HSI up 28.7%

 ($1 = 7.0658 Chinese yuan)

 (Reporting by Donny Kwok)

 ((donny.kwok@thomsonreuters.com))