Shares of Datasea Inc. (DTSS) are rising over 18% Monday morning, after the company announced that its wholly-owned subsidiary Shuhai Zhangxun Information Technology Co., Ltd. had entered into a $4.33 million short messages business sales cooperation agreement to provide Short Message and 5G Multimedia Message Services to Hubei Kuanyun Network Technology Co., Ltd.
Under the Agreement, Shuhai Zhangxun will provide Messaging Services to help Hubei Kuanyun reach its clients, including suppliers, business partners, and customers.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.