** Shares of Wuling Motors Holdings 0305.HK jump 15.4% to HK$0.6, their highest since March 20, and on course for a second session of gains
** Stock posts biggest intraday pct rise since March 18
** The Chinese new energy vehicle manufacturer expects its first-half net profit to jump 298% y/y to about 84 million yuan ($11.68 million) due to an improvement in gross profits margin and decrease in administrative expenses resulting from cost-control measures
** Hang Seng Automobile Index .HSAMI slips 0.4% and benchmark Hang Seng Index .HSI down 0.2%
** YTD, stock up 36.6%
($1 = 7.1892 yuan)
(Reporting by Donny Kwok)
((donny.kwok@thomsonreuters.com))
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