TOKYO -- Shares in Hong Kong-listed Chinese state automaker Dongfeng Motor Group surged as much as 69% on Monday, after the company announced plans to essentially switch its listing to the group's pure electric vehicle arm, Voyah.
Equities
China's Dongfeng Motor stock soars as investors cheer swap to EV shares
Proposal to delist ailing partner of Nissan, Honda, Stellantis would shift group's focus
A Voyah electric vehicle from Dongfeng Motor. The group intends to refocus on the EV business with a listing maneuver in Hong Kong. © Reuters
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