Australia's CardieX jumps on partnership with Chinese firm

Conneqt Health

07/10/2021 01:50

** Shares of medical device maker Cardiex  CDX.AX  rise as
much as 12.1% to A$0.068, on track for their biggest intraday
percentage gain since June 8 
    ** Co says its unit CONNEQT Inc. signed a development and
manufacturing partnership agreement with Chinese wireless
solutions provider Shenzhen Fenda Technology  002681.SZ   
 urn:newsml:reuters.com:*:nASXbdmsfl
    ** Says deal to focus on development and manufacturing
partnership for wireless CONNEQT devices
    ** Stock hits highest since Aug 3 
    ** Stock up ~17.9% this year, as of last close 

 (Reporting by Tejaswi Marthi in Bengaluru)
 ((tejaswi.marthi@thomsonreuters.com))