BUZZ-Geely Automobile rises as March sales volume surges

Reuters
04-02
BUZZ-Geely Automobile rises as March sales volume surges

** Shares of Geely Automobile Holdings 0175.HK rise 5.8% to HK$17.58, on course for the biggest one-day pct rise since February 27

** Stock hits the highest since March 24, on track to snap four straight sessions of decline; second biggest pct gainer on Hang Seng China Enterprises Index .HSCE, which adds 0.4

** Geely said total sales volume in March was 232,177 units of vehicles, up 54% y/y

** Hang Seng Tech Index .HSTECH gains 0.8%, Hang Seng Automobile Index .HSAMI climbs 1.4%, Hang Seng Index .HSI adds 0.5%

** Stock up 17.5% YTD

(Reporting by Donny Kwok)

((donny.kwok@thomsonreuters.com))

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