By Jiahui HuangChongqing Changan Automobile shares rose by their daily limit as investors welcomed plans by the Chinese automaker to work with tech giant Huawei Technologies on autonomous driving, digital platforms and other advanced automotive systems. Shares of the state-run company rose 10% to 19.56 yuan ($2.74) early Monday, on track for their biggest one-day gain since July. "We believe this is a very positive read to Changan and ADAS-component related stocks such as Hesai, Desay, Sanhua, Tuopu." Shares of Dongfeng Automobile, another member, rose 5.0% in morning trading. Write to Jiahui Huang at jiahui.huang@wsj.com(END) Dow Jones NewswiresNovember 26, 2023 23:05 ET (04:05 GMT)Copyright (c) 2023 Dow Jones & Company, Inc.

Source: Wall Street Journal November 27, 2023 04:15 UTC