China's MOG Digitech hits record after tech development partnership

MOG Digitech Holdings

21/06/2023 07:58

** Shares of Chinese digital retail payment solutions group
MOG Digitech Holdings Ltd  1942.HK  rise as much as 9.8% to
HK$85.25 - their highest since debut in April 2020 - on course
for second session of gains 
    ** Guangdong-based co has entered into strategic cooperation
with Nanchang Jinfang Technology Development to jointly develop
a platform to provide services covering online shopping
websites, offline supermarkets, Meituan takeout, cinemas, cake
shops and phone top-ups 
    ** Nanchang Jinfang Technology is unit of Nanchang Security
Service Corp
    ** Hang Seng Composite Index on information technology firms
 .HSCIIT  and Hang Seng Tech Index  .HSTECH  both drop 3.5%
    ** Hang Seng Composite Index  .HSCI  and Hang Seng Index
 .HSI  each falls 2.1%
    ** As of last close, stock has soared 735% so far this year

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