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Xiaomi, Great Wall Motor shares surge after report on electric vehicle plan
Xiaomi, Great Wall Motor shares surge after report on electric vehicle plan
Reuters
Published Mar 26, 2021 03:37 PM PHT
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.
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