BUZZ-HK-listed Bairong hits 2-week high on share buyback plan** Bairong 6608.HK rises 5% to HK$9.68, highest since November 18
** Stock set for second session of gains
** Cloud-based artificial intelligence turnkey service group plans to repurchase up to HK$450 mln ($57.8 mln) worth of company shares in open market within next 12 months
** Says share buyback will demonstrate co's confidence in its own business outlook, prospects
** YTD, stock gains 8.5%
($1 = HK$7.7871)
(Reporting by Donny Kwok)
((donny.kwok@thomsonreuters.com))
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