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Ningbo Joyson Electronic rises on share repurchase plan

By Reuters News

** Shanghai shares of Ningbo Joyson Electronic Corp 600699.SS rise 7.7% to 20.87 yuan, on course for their biggest one-day pct gain since October 16

** Stock touches the highest level since October 30

** Hong Kong-listed stock climbs 7.4% to HK$10.58, on track for its biggest one-day pct gain since October 16

** China-based intelligent automotive technology solutions provider says it plans to buy back A shares for 150-300 million yuan ($22.44-$44.87 million)

** YTD, Shanghai stock down 34.8%, Hong Kong shares down 44.7%, while benchmark CSI300 Index .CSI300 down 12.4%

($1 = 6.6856 Chinese yuan renminbi)

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