Leapmotor jumps most in 2-1/2 months as key shareholders buy H-shares

Zhejiang Leapmotor Technology Co

20/10/2025 03:55

** Shares of Zhejiang Leapmotor Technology 9863.HK jump 8.3% to HK$60.3, the biggest intraday pct rise since August 4

** Stock on track to snap two straight sessions of fall, and is second-biggest pct gainer in Hang Seng Automobile Index .HSAMI, which rises 3.1%

** The Chinese electric vehicle maker says its key shareholders Zhu Jiangming and Fu Liquan purchased 3.24 million H-shares at an average price of HK$63.19 each, to demonstrate their confidence in the company's future development

** Since August 2024, Zhu and Fu have increased their holdings of about HK$850 million ($109.4 million) - co

** YTD, stock up 84.3%, Hang Seng Tech Index .HSTECH up 33.4%

($1 = 7.7665 Hong Kong dollars)

 (Reporting by Donny Kwok)

 ((donny.kwok@thomsonreuters.com))