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1300 — Trigiant News Story

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Trigiant jumps most on record for securing bid for Qinghai Zhongli

BUZZ-Trigiant jumps most on record for securing bid for Qinghai Zhongli 

** Shares of feeder cable and optical fibre cable manufacturer Trigiant Group 1300.HK soar 70.4% to HK$3.45, the biggest one-day pct rise since its market debut in March 2012

** Stock hits the highest level since June 26

** Trigiant says it has successfully bid for a 100% equity interest in optical fibre preforms and connectors developer Qinghai Zhongli Optical Fibre Technology for 455 million yuan ($67.85 million)

** YTD, stock up 716.3%, while benchmark Hang Seng Index .HSI down 3.6%


($1 = 6.7057 yuan)


(Reporting by Donny Kwok)

((donny.kwok@thomsonreuters.com))

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