China's Wasion shares gain most since July on Middle East orders

Wasion Holdings

12/10/2026 06:15

** Shares of Wasion Holdings 3393.HK rise 7.4% in their second rising session to HK$13.35, on course for their biggest one-day pct gain since July 21 
** Smart power meter maker says it has secured orders to supply smart grid related products and solutions to power utilities in the Middle East, with contract value of 1.25 billion yuan ($186.80 million)  
** Company says the orders will be delivered over three years 
** Wasion also says its unit's AMI meter products have passed certification by the American National Standards Institute, which it said marked a breakthrough in its expansion into the North American power market
** YTD, stock down 24.5%, benchmark Hang Seng Index .HSI down 5.4%



($1 = 6.6918 Chinese yuan renminbi)

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