BUZZ-Seres Group's Hong Kong shares jump after joining stock connect program

Reuters12-01
BUZZ-Seres Group's Hong Kong shares jump after joining stock connect program

** Hong Kong shares of Chinese new energy vehicles maker Seres Group 9927.HK surge 8.3% to HK$124.5, their highest since Nov. 27

** The Shenzhen Stock Exchange announced adjustments to the list of eligible securities under the Hong Kong Stock Connect program and that Seres Hong Kong-listed stock adds to the Stock Connect program effective Dec. 1

** Seres Shanghai-listed stock 601127.SS rises 4% to 131.21 yuan, the highest level since Nov. 19

** Seres Hong Kong shares down 8% so far from offer price of HK$131.5 apiece since debut in the city on Nov. 5

** YTD, Shanghai-listed shares down 2.3%, while New Energy Vehicles Index .CSI399976 up 51%

(Reporting by Donny Kwok)

((donny.kwok@thomsonreuters.com))

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