Sky-mobi Shares Surge Higher on Upbeat CEO Comments

Shares of Chinese mobile app publisher Sky-mobi

rose almost 18% Wednesday and another 4.5% after-hours. CFO John Bi indicated in an email to Benzinga, that the company's CEO, Michael Michael Tao Song, speaking at the 2014 TFC Global Mobile Game Developers Conference Wednesday, "revealed a clear strategy and high-growth opportunity" for Sky-mobi. On Tuesday, Sky-mobi announced a partnership with China Telecom

, to provide customized software services at China Telecom's network of stores. Sky-mobi shares closed Wednesday at $10.42 and traded over $11.00 after-hours.