JX Luxventure shares are trading higher after its subsidiary, JX Hainan, entered into a $100 million cooperation agreement with Tianjin Auto Trading to market and sell foreign luxury automobiles.
Portfolio Pulse from Benzinga Newsdesk
JX Luxventure shares are trading higher after its subsidiary, JX Hainan, entered into a $100 million cooperation agreement with Tianjin Auto Trading to market and sell foreign luxury automobiles.
July 02, 2024 | 5:27 pm
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JX Luxventure's subsidiary, JX Hainan, has signed a $100 million cooperation agreement with Tianjin Auto Trading to market and sell foreign luxury automobiles, leading to a rise in JX Luxventure's share price.
The $100 million agreement is a significant development for JX Luxventure, indicating potential revenue growth and market expansion. This positive news has led to an increase in the company's share price.
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