Chinasoft rises after teaming up JWIPC on Harmony IoT development

Chinasoft International

11/12/2023 03:49

** Shares of information technology-related services
provider Chinasoft International Ltd  0354.HK  rise 4.7% to
HK$6.18, highest since Dec 5, on the second session of gain
    ** Stock on track for the biggest one-day pct rise since Nov
20 if trend holds; third biggest pct gainer in Hang Seng
Composite Index on information technology firms  .HSCIIT  
    ** Co says it has signed an open-source Harmony cooperation
agreement with JWIPC Technology  001339.SZ  to jointly develop
open-source Harmony Internet of Things (IoT) terminal products
and computers
    ** Co says it will appoint Zhiwei Intellgent as harware
supplier for open-source Harmony IoT products and computers
while Co will supply open-source Harmony systems and application
software for the products         
    ** Shenzhen-listed JWIPC climbs 1.5% 
    ** Hang Seng Composite Index on information technology firms
 .HSCIIT  drops 2.5%, Hang Seng Composite Index  .HSCI  falls
1.9% and Hang Seng Index  .HSI  down 2%
    ** Stock of Chinasoft down 10.5% YTD 

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