Australia's FinTech Chain rises on contracts with China firms

FinTech Chain

12/06/2019 01:42

** Shares of FinTech Chain Ltd  FTC.AX  rise as much as
23.33% to A$0.185, their highest since May 31
    ** Financial tech provider says co signed 3-year contracts
with Xinjiang Shanshan Rural Credit Bank, Xinjiang Weili Rural
Credit Bank And Xinjiang Gongliu Rural Credit Bank  urn:newsml:reuters.com:*:nASXg3C1b
    ** Agreements to deploy co's integrated t-linx payment
solutions across Shanshan, Weili and Gongliu in Xinjiang
Autonomous Region in China
    ** Stock posts its biggest intraday pct gain since May 31
    ** Stock had more than trebled in value this year, as of
last close

 ((Soumyajit.Saha@thomsonreuters.com; Reuters Messaging:
soumyajit.saha.thomsonreuters.com@reuters.net))