Chijet Motor Company shares are trading higher after the company announced its majority-owned subsidiary completed the first shipment of automobile orders to Peru through its newly developed export operation at Tianjin Port, China.
Portfolio Pulse from Benzinga Newsdesk
Chijet Motor Company's majority-owned subsidiary has completed its first shipment of automobile orders to Peru through its newly developed export operation at Tianjin Port, China. This has led to a rise in the company's share prices.
July 14, 2023 | 6:32 pm
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Chijet Motor Company's shares are trading higher after its subsidiary completed the first shipment of automobile orders to Peru. This indicates a successful start of the company's new export operation.
The successful completion of the first shipment through the new export operation indicates a positive start for Chijet's expansion into the Peruvian market. This has likely boosted investor confidence, leading to a rise in the company's share prices.
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