** Chinese automobiles distribution and services firm Zhongsheng Group soars as much as 31.7% to HK$20.55, highest since Nov. 21, 2023; set for fifth straight session of gain
** Stock on course for the biggest one-day pct gain; top pct gainer in Hang Seng Index
** Jefferies retains "buy", lifts PT to HK$18.10 from HK$15.20 after co's agreement with Seres to expand EV brand AITO's China stores, supporting new car sales and after-sales services
** Sees partnership as "positive for Zhongsheng and we lift our earnings estimates for 2024-25" to factor in contribution from Huawei-backed AITO
** Seres' Shanghai stock rises 3.1%
** Zhongsheng down 16.5% YTD
($1 = HK$7.7748)
(Reporting by Donny Kwok)
((donny.kwok@thomsonreuters.com))
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