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%.