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

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SHANGHAI, March 26 (Reuters) – Shares in China’s Xiaomi Corp (1810.HK) 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 (601633.SS) gained than more than 7%.

Reporting by Andrew Galbraith in Shanghai; Editing by Christian Schmollinger

Our Standards: The Thomson Reuters Trust Principles.

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