Geely Automobile climbs most in 4 weeks on share buyback programme

** Shares of Geely Automobile Holdings Ltd 175 climb 2.3% to HK$17.39, their biggest intraday pct gain since October 21

** Stock set to snap three consecutive sessions of losses, if current trend holds

** Stock is third-biggest pct gainer on Hang Seng Automobile Index HHSAMI, which is up 0.3%

** Geely Automobile says it entered into a share buy-back agreement with independent broker Morgan Stanley & Co International Plc to repurchase up to HK$2.3 billion ($295.2 million) shares in the open market

** Says the buyback programme will start mid-December

** YTD, stock up 17%, benchmark Hang Seng Index HSI up 29.6%

($1 = 7.7926 Hong Kong dollars)