** Shares of online ride hailing platform operator CaoCao Inc 2643.HK rise 5.1% to HK$34.48, on course for the biggest one-day pct gain since Dec 4 and snapping six straight sessions of decline
** Company said 19 management members undertook to the company that for a period until June 24, 2026, they would not sell the company shares they acquired under the Pre-IPO Share Incentive Plan
** Company says the voluntary undertakings by the relevant management members to lock up their shareholdings demonstrate their confidence in the company
** Since debut on June 25 in Hong Kong, shares of CaoCao are down 18.3% so far from their IPO price of HK$41.94 apiece
(Reporting by Donny Kwok)
((donny.kwok@thomsonreuters.com))
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