Anhui Fangxing Jumps 10% Daily Limit on Touch Panel Glass Plan

Dec. 23 (Bloomberg) -- Anhui Fangxing Science & Technology Co. shares jumped the 10 percent daily limit to 29.90 yuan as of 10:13 a.m. local time in Shanghai trading, set for the biggest gain since Nov. 5.

The company plans to invest 180 million yuan to build a plant that makes conductive coating glass for touch screen, according to an exchange filing last nights. The factory has the annual production capacity of 1.3 million pieces, the statement said.

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