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


Xiaomi logos are seen during a news conference in Hong Kong, China June 23, 2018.  REUTERS/Bobby Yip/Files

SHANGHAI (Reuters) - Shares in China's Xiaomi Corp jumped as much as 6.71% 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% and its Shanghai shares gained than more than 7%.

(Reporting by Andrew Galbraith in Shanghai; Editing by Christian Schmollinger)

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 46
Cxense type: free
User access status: 3

   

Next In Tech News

Bitcoin rises 5.6% to $49,337.72
Tesla crash victim lauded 'full self-driving' in videos on Tiktok
Fifteen apps parents should be aware of: Are any of these on your child’s phone?
My dad wants to invest in Bitcoin. Should he?
Army of fake fans boosts China’s messaging on Twitter
US Feds say a lack of reporting poses barrier to cyber defence
As of iOS 14.4, Apple lets you get more volume out of your iPhone
Need a professional photo? In pandemic times, you can do it yourself
Biden revokes Trump order that sought to limit social media firms' protections
Stock photography: Tips for turning your photos into cash

Stories You'll Enjoy


Vouchers