Firms linked to Zhongzhi Enterprise fall after news of founder's death

Kingwisoft Technology Co

20/12/2021 02:08

** Shares of at least 15 companies controlled by or
affiliated to Chinese investment conglomerate Zhongzhi
Enterprise Group open lower
    ** Xie Zhikun, the founder of Zhongzhi Enterprise Group, has
died aged 61 after suffering a heart attack in Beijing on
Saturday, according to a company statement  urn:newsml:reuters.com:*:nL1N2T403K
    ** Shenzhen Success Electronics Co  002289.SZ , Hubei
Mailyard Share Co  600107.SS , Zhe Jiang Kangsheng Co
 002418.SZ , Rongyu Group Co  002622.SZ  open down between 8%
and 10%, while Zhongjin Technology Services Group  8295.HK 
slumps 27%    
    ** Zhongzhi Enterprise Group's portfolio covers a broad
range of businesses including new energy vehicles, mining,
industry, and property

    


 (Shanghai Newsroom)
 ((Jason.Xue@thomsonreuters.com))