Fei Tian Technologies (SHE: 300386), a Shenzhen listed digital security company has hit limit up of 10% for 3 days in a row in China.
The shares hit limit up due to being the main vendor of key digital security vendor for China's e-hailing giant Didi Chuxing in digitalization of China Yuan.
Fei Tian Technologies has a 8% associate in Malaysia, Securemetric Berhad.
Securemetric Berhad recently entered into e-KYC contract with Indonesia's largest e-KYC company, PrivyID.
Note that Securemetric had recently completed its funding round of 7% of its total outstanding shares.
We believe that Fei Tian Technologies view Securemetric has a way to penetrate South East Asia region.