(Reuters)-
Shares of Chinese outdoor digital advertising company VisionChina Media Inc. rose 52% after the company said it signed an agreement to promote Baidu's online gaming unit in China.
VisionChina said it would become an exclusive digital mobile TV advertising partner for Baidu games and offer brand promotion on buses and subways in 2014.
The company said it had reached the bus network in 88 cities and 14 cities in China.
Baidu game is an online game platform where users can play games provided by third parties
Party developer
VisionChina's share price is $36.
After the Nasdaq closed on Tuesday, $40 was traded in front of the session.
Over the past six months, they have risen by more than 1,100.