Kaishan climbs most in two weeks on Hungary power plant JV plan

About this update from Kaishan Group Co. Ltd. Class A

** Shares of Chinese air compressors maker Kaishan Group SZSE:300257 climb 2.5% to 14.62 yuan, on course for their biggest one-day pct gain since November 11** Stock touches the highest level since November 25, on track to snap two sessions of decline** Kaishan says unit KS ORKA Renewables plans to set up a joint venture with Hungarian firm Bölény Zrt and other partners to construct a geothermal power plant and increase generating capacity of an existing geothermal power plant in Hungary ** YTD, stock up 59.4%, benchmark CSI 300 Index SZSE:399300 up 15.3%

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