HONG KONG -- HNA Technology's share price went limit-up Monday, following reaffirmation of the sale of its U.S.-based technology-products distributor, Ingram Micro.
The yuan-denominated A-shares of HNA Tech, which trade on the Shanghai Stock Exchange, jumped 10% to 2.92 yuan shortly after the open and remained there until the end of the trading day. The company's U.S.-dollar denominated B-shares, which trade freely among foreign investors, also rose 10% to close at $0.265.
