Apple's controversial supplier Foxconn has seen its shares spike by more than 30% on rumours it will get a new contract to build iPhones.
Foxconn International Holdings (FIH), the world's biggest contract maker of mobile phones, saw the surge peak to 35% after analysts tipped its shares.
The price later dropped and closed at 31.9%, the biggest ever one day spike for the company listed on the Hong Kong stock market.
The single-day jump added £513m to FIH's market value and came after Citigroup upgraded the stock to a 'buy' and said it expected the firm to start assembling iPhones this year.
FIH is 70% owned by the Taiwanese firm Hon Hai Precision Industry, which manufactures consumer electronic products including cameras, phones and other gadgets for brand names.
Although Foxconn has received a massive boost from the surge, its shares are still down nearly 28% this year, amid a stream of negative stories to emerge from its production facilities in mainland China.
Both Apple and Sony were forced to admit people as young as 14 had been hired to work on gadget production lines, building their products.
Foxconn employs 1.2 million people in China, with around 3% of them interns. It was a breach of both company policy and Chinese labour laws.
The company, founded in 1974, has made products for numerous other household names including Samsung, Dell, Microsoft, Motorola and Nokia.
The discovery of underage workers in eastern Shandong province came just weeks after a brawl involving nearly 2,000 employees brought production lines to a halt at one factory.
Earlier this year, the Fair Labour Association found some staff were forced to work more than 60 hours a week, and sometimes for more than 11 days in a row.
In 2010, 13 workers committed suicide amid claims that Foxconn ran a military-style production line on which employees were told to work overtime for low wages.
Earlier this year, Apple chief executive Tim Cook visited Foxconn's Zhengzhou Technology Park, which employs an estimated 120,000 people in the northern province of Hebei.
The company's late founder Steve Jobs once claimed the company was "not a sweatshop".
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