(Yicai Global) June 18 -- Hengtong Optic-Electric [SHA:600487] rose by the daily limit allowed in the A-share market opening this morning on plans to buy shares in Huawei Marine Networks, a joint venture with Huawei Technologies.

As of 11.16 a.m., the company was 7.39 percent higher at CNY16.86.

The company's stock had been suspended since June 3, and trading resumed today.