ReutersReuters

Great Wall Motor's HK shares climb to 14-month peak on robust Q1 earnings

** Hong Kong shares of Great Wall Motor Co Ltd 601633 jump 12.7% to HK$12.64, their highest since February 2023, and on course for third consecutive session of gains

** Stock marks biggest intraday pct gain since March 2022, and is second-biggest pct gainer on Hang Seng Composite Index (.HSCI)

** Shanghai shares 601633 surge 10% to 27.23 yuan, their highest since Nov 30

** The Chinese automaker said its Q1 net profit soared 1,752.6% YoY to 3.2 bln yuan ($441.61 mln), with revenue up 47.6% YoY to 42.86 bln yuan

** Hang Seng Tech Index HHSTECH gains 0.7%, Hang Seng Composite Index (.HSCI) adds 0.8% and Hang Seng Index HSI rises 0.9%

** Hong Kong-listed shares up 24.5% YTD, while Shanghai stock up 4.5% YTD

($1 = 7.2462 Chinese yuan)

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