BUZZ-China's BYD Co jumps on strong quarterly profit estimate

Reuters
08 Apr
BUZZ-China's BYD Co jumps on strong quarterly profit estimate

** Hong Kong shares of BYD Co 1211.HK jump 7.8% to HK$339.8, set for the biggest one-day pct gain since February 6

** Stock on course to snap six consecutive sessions of fall

** Shenzhen-listed stock 002594.SZ rises 4.4% to 335.88 yuan, on track to snap six straight sessions of decline

** Chinese electric vehicle giant expects net profit in the first quarter to grow 86.0%-118.9% y/y

** Hang Seng Tech Index .HSTECH rises 1.5%, Hang Seng Index .HSI adds 0.4%, the blue-chip CSI 300 Index .CSI300 adds 0.8%

** YTD, Hong Kong stock up 22.4%, Shenzhen shares up 16%

(Reporting by Donny Kwok)

((donny.kwok@thomsonreuters.com))

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