BUZZ — Luoyang Bearing jumps on plan to invest in bearing projects
* Shares of newly-listed Luoyang Bearing Group jump 20% to 35.54 yuan, their highest level September 9 * Stock set for the biggest one-day pct gain since debut on September 9, after three straight declining sessions * China-based bearings producer plans to invest an aggregate 770.4 million yuan ($114.75 million) in two bearing projects, comprising a civil aviation bearing project and a high-speed rail, metro and suburban train bearing project * Since debut, stock up 123.8% from the offer price of 15.88 yuan apiece * Benchmark CSI300 Index down 3.9% YTD ($1 = 6.7138 Chinese yuan renminbi) (Reporting by Donny Kwok) ((donny.kwok@thomsonreuters.com)