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1478 Q Technology (Group) Co News Story

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HK-listed Q Technology climbs most in five weeks on India unit stake sale

** Q Technology (Group) 1478.HK shares climb 5.3% to HK$14.95, set for biggest one-day pct gain since Aug 13

** Touches highest level since Sept 12, set to snap four-session decline

** Chinese camera modules and fingerprint recognition modules developer to sell 51.08% of its wholly-owned Kunshan Q Tech Microelectronics (India) to Dixon Technologies DIXO.NS; deal valued at 5.53 bln rupees ($62.80 mln)

** Q Technology will retain 48.92% stake; expects deal will aid unit's rapid growth, capture India market share and improve operational performance

** DIXO gains 1.2% to 18,325 rupees ($208.04), its highest level since Jan 8

   ** YTD, Q Technology up 119.1%, Hang Seng Tech Index .HSTECH up 41.6%

($1 = 88.0630 Indian rupees)

($1 = 88.0820 Indian rupees)

 (Reporting by Donny Kwok)

 ((donny.kwok@thomsonreuters.com))

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