China's Zoomlion jumps on proposal to buy back up to 10% of H-shares

Zoomlion Heavy Industry Science and Technology

18/10/2024 07:03

** Hong Kong shares of Zoomlion Heavy Industry Science and
Technology  1157.HK  jump 14% to HK$5.20, on course to snap
three consecutive sessions of decline
    ** Agricultural equipment maker proposes to repurchase up to
10% of the total number of H shares in issue
    ** Zoomlion has 1.58 bln H-shares in issue
    ** Shenzhen stock  000157.SZ  rises 3.4% to 6.95 yuan
    ** Hang Seng Commerce & Industry Index  .HSNC  rises 2.7%
and Hang Seng Index  .HSI  adds 2.1%
    ** Zoomlion's Hong Kong stock surges 16.7% YTD, Shenzhen
shares up 5.4% YTD

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