Xiaomi, Great Wall Motor shares surge after report on electric vehicle plan

Reuters

Posted at Mar 26 2021 03:37 PM

Xiaomi, Great Wall Motor shares surge after report on electric vehicle plan 1
People wearing protective face masks visit Xiaomi brand's store, amid the outbreak of the coronavirus disease (COVID-19) in Kyiv, Ukraine October 22, 2020. Valentyn Ogirenko, Reuters/File 

 


SHANGHAI, China - Shares in China's Xiaomi Corp jumped as much as 6.71 percent in early trade on Friday after Reuters exclusively reported the company's plan to make electric vehicles using Great Wall Motor Co Ltd's factory.

Great Wall's Hong Kong shares rose more than 8 percent and its Shanghai shares gained than more than 7 percent.

More details to follow.

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