HK-listed Q Technology climbs most in five weeks on India unit stake sale

About this update from Dixon Technologies (india) Ltd.

** Q Technology (Group) HKEX:1478 shares climb 5.3% to HK$14.95, set for biggest one-day pct gain since Aug 13** Touches highest level since Sept 12, set to snap four-session decline** Chinese camera modules and fingerprint recognition modules developer to sell 51.08% of its wholly-owned Kunshan Q Tech Microelectronics (India) to Dixon Technologies NSE:DIXON; deal valued at 5.53 bln rupees ($62.80 mln)** Q Technology will retain 48.92% stake; expects deal will aid unit's rapid growth, capture India market share and improve operational performance** DIXO gains 1.2% to 18,325 rupees ($208.04), its highest level since Jan 8 ** YTD, Q Technology up 119.1%, Hang Seng Tech Index HSI:HSTECH up 41.6%($1 = 88.0630 Indian rupees)($1 = 88.0820 Indian rupees)

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