Zhuhai Port scores big with deal in Pakistan

State-owned firm's shares surge after $1.02b Gwadar order

Port infrastructure company Zhuhai Port Holdings Group Co Ltd has pulled off a coup of sorts by bagging a 6.5 billion yuan ($1.02 billion) construction order from China Overseas Port Holding Co, a State-owned company which operates the Gwadar port in Pakistan.

Zhuai Port shares jumped 10.07 percent on Thursday, the highest intraday gain in a month, after the development.