BUZZ-Guangdong Tianyu Semiconductor jumps most in nine weeks on tie-up with EYEQ Lab

Reuters02-09
BUZZ-Guangdong Tianyu Semiconductor jumps most in nine weeks on tie-up with EYEQ Lab

** Shares of Guangdong Tianyu Semiconductor 2658.HK jump 11.5% to HK$54.5, on course for biggest one-day pct gain since December 8

** Stock hits the highest level since January 22 on the third consecutive session of rise

** China-based silicon carbide epitaxial wafers producer says it has entered into a strategic cooperation agreement with Korea's EYEQ Lab Inc to establish partnership in supply and application of silicon carbide epitaxial wafers

** "This collaboration is expected to further consolidate the group's market position in the global semiconductor supply chain and expand its international client base" - co

** YTD, stock up 7.6%, benchmark Hang Seng Index .HSI up 5.4%

(Reporting by Donny Kwok)

((donny.kwok@thomsonreuters.com))

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