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BUZZ — Hong Kong shares of magnet maker Jl Mag climb on quarterly earnings optimism

* Hong Kong shares of Jl Mag Rare-Earth climb 4.5% to HK$14.55, on track for the biggest one-day pct gain since July 2 * Shenzhen-listed stock gains as much as 4.2% to 24.05 yuan * China-based maker of high-performance NdFeB magnets estimates its Q3 net profit will rise 29.6%-60.5% y/y * January-September net profit expected to jump 42.59%-55.2% y/y * Revenue increases in January-September period, of which revenue in the new energy vehicles and automotive parts segment up 40% y/y, robots and industrial servo motors segment up 100% y/y - company * YTD, Hong Kong stock down 21%, Shenzhen-listed shares down 32.6%, benchmark Hang Seng Index down 4.7% (Reporting by Donny Kwok) ((donny.kwok@thomsonreuters.com)

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