HK-listed FIH Mobile jumps most in over 7 months as co signs JV with Stellantis

Reuters2021-08-24

** Shares of handset maker FIH Mobile Ltd surge 17.3% to HK$1.22, their biggest intraday percentage gain since Jan 14

** Stock hits highest since July 13; on track for the second straight session of gains

** Co says it has agreed to set up a joint venture with automaker and mobility provider Stellantis N.V. to develop smart cockpit and assistant systems for the automotive market

** The Hong Kong Hang Seng Commerce & Industry Index rises 3.6% and the Hang Seng Tech Index climbs 4.5%

** The Hang Seng China Enterprises Index up 2% and the benchmark index advances 1.6%

** Stock up 9.5% this year, as of last close

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