** Shares of Sunny Optical Technology Group 2382.HK rise 5.8% to HK$93.7, their highest since April 2023, and on course for ninth straight session of gains
** The Chinese handset camera modules producer and supplier expects to post 2.64-2.75 bln yuan ($361.51-$376.57 mln) net profit for 2024, up 140% to 150% y/y, thanks to global smartphone market recovery and strong new energy vehicle demand
** Company also says January shipment volume of its spherical glass lenses increased 40% y/y, handset lens sets climbed 2.6% y/y and vehicle lens sets rose 6.5% y/y
** The Hang Seng China Enterprises Index .HSCE climbs 1.3%, while Hang Seng Tech Index .HSTECH and Hang Seng Index .HSI both rise 1.4%
** Stock rose 30% YTD
($1 = 7.3027 Chinese yuan renminbi)
(Reporting by Donny Kwok)
((donny.kwok@thomsonreuters.com))
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