AInnovation hits 12-week peak on teaming Dingding to develop software products

Ainnovation Technology

27/06/2024 04:04

** Shares of AI solutions provider AInnovation Technology
Group Co Ltd  2121.HK  rise as much as 5.9% to HK$6.15, their
highest since April 3
    ** Co says it has entered into a strategic cooperation
agreement with Ali Group-backed Dingding (China) Information
Technology Co Ltd to jointly develop and roll out new industrial
software products and industry solutions 
    ** Hang Seng Tech Index  .HSTECH  drops 2.1% while Hang Seng
Composite Index on information technology firms  .HSCIIT  and
Hang Seng Index  .HSI  both fall 1.9%
    ** Stock down 37% YTD  

 (Reporting by Donny Kwok)
 ((donny.kwok@thomsonreuters.com))