Australia's Audeara jumps on China distribution deal with Taiwan's Eastech
10/09/2024 02:04
** Shares of Audeara AUA.AX rise as much as 22.2% to
A$0.044, their highest since April 29
** Stock posts its biggest intraday percentage gain since
June 21
** Hearing health tech co says it signed a letter of intent
with a unit of Taiwan's Eastech 5225.TW
** Says under agreement, Eastech will develop medical
devices using AUA's technology and sell them in China
** Stock up 51.7% YTD, including session's move
(Reporting by Aaditya Govind Rao in Bengaluru)
((Aaditya.govindrao@thomsonreuters.com;))
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