Pintec Technology: Nearly doubles on China Unicom deal

J and Friends Holdings

27/12/2019 16:03

** Shares of China-based fintech co  PT.O  rise 91.4% to
$2.45; on track for fifth straight session of gains
    ** Co announces agreement to offer handset financing
services to China Unicom Ltd's  0762.HK  subscribers
    ** China Unicom uses third-party payment platform Unicompany
for payments
    ** PT's financing services for China Unicom will also
include next-generation 5G mobile phones and cover areas such as
Tibet and Xinjiang in "near future"
    ** Including session's gain, PT shares have fallen about 78%
this year

 (Reporting by Shariq Khan in Bengaluru)
 ((Shariq.Khan@thomsonreuters.com; Twitter: @s_qakhan))