Sino-Global jumps on joint-venture deal with Tianjin Anboweiye

Singularity Future Technology

29/09/2020 14:26

** U.S.-listed shares of shipping services company  SINO.O 
up 17.7% at $2 premarket 
    ** Signs an MOU of joint venture with Tianjin Anboweiye
Technology Co Ltd, a company that provides architecture-based
PC/Mobile and smart hardware  urn:newsml:reuters.com:*:nPn62ZCbCa
    ** JV to help SINO enhance its logistic services to meet
higher and more complicated demand of customers
    ** Up to Monday's close, stock down ~24% YTD

 (Reporting by Shivani Kumaresan in Bengaluru)
 ((Shivani.Kumaresan@thomsonreuters.com ; +1 646 223 8780;))