Phoenix New Media Hong Kong stocks | Exchange Bar (01753) rose several times in the short term, latest at 1.38 yuan, up more than 14%, with a turnover of 3.96 million.
The company announced that its wholly-owned subsidiary, Hangzhou Duiba Network Technology Co., Ltd. (Hangzhou Duiba), recently signed a procurement agreement with China UnionPay Co., Ltd. (China UnionPay) on the development of software solutions, according to which, Hangzhou Duiba will provide user-operated SaaS services for China UnionPay to promote and transform the online traffic of its target customers through an interactive platform, so as to promote and promote the development of online business.