JX Luxventure shares are trading higher after its subsidiary, JX Hainan, on Tuesday 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 03, 2024 | 11:53 am
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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 deal for JX Luxventure, likely to boost its revenues and market presence in the luxury automobile sector. This positive development has already led to a rise in the company's share price.
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