Kaixin up on agreement to sell 10,000 electric trucks to China's Shencheng
23/12/2021 12:47
** U.S.-listed shares of Chinese car dealership KXIN.O up
18.4% at $1.67 premarket
** KXIN says it reached an agreement with Beijing Shencheng
Biotechnology Group Limited to sell its energy trucks for a
total value of $250 mln urn:newsml:reuters.com:*:nGNX9hsXlv
** Shencheng will order at least 10,000 new energy trucks
from KXIN over next 5 years
** KXIN down 62.20% YTD
(Reporting by Nathan Gomes in Bengaluru)
((Nathan.Gomes@thomsonreuters.com;))