HK's AsiaInfo climbs to near 4-mth high on Alibaba Cloud agreement

AsiaInfo Technologies

17/10/2019 05:05

** Shares of AsiaInfo Technologies Ltd  1675.HK  climb as
much as 3.9% to HK$8.90, highest since June 21
    ** Chinese software solution service provider says its unit
has entered into cooperation agreement with Alibaba Cloud
Computing Ltd
    ** AsiaInfo says has become a core partner of the Alibaba
Cloud MSP Cooperation Scheme in providing industry solutions and
cloud management services  urn:newsml:reuters.com:*:nFWN27103H
    ** As of Wednesday's close, stock of Beijing-based AsiaInfo
down 15.8% this year
    ** Hong Kong Hang Seng sub-index tracking information
technology firms  .HSCIIT  gains 0.2%
    ** Hang Seng China enterprises index  .HSCE  climbs 0.4%,
and the benchmark index  .HSI  rises 0.7%

 (Reuters Messaging: donny.kwok.thomsonreuters.com@reuters.net)