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ZHONGSHENG HLDG Shrinks 9% on Trading Resumption, Partnership with Seres for Distribution of NEVs
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Trading in the shares of ZHONGSHENG HLDG (00881.HK) resumed today (12th). The stock opened 0.21% lower before its decline widened, and plummeted 13.6% to a low of $16.36. It last printed at $17.18, down 9.29%, with 13.063 million shares traded, involving $233 million.

ZHONGSHENG HLDG once leapfrogged 30% against the market yesterday (11th), and rocketed 21% before trading halted.

Related NewsBofAS Raises ZHONGSHENG HLDG's TP to $22 as Firm to Open 40 AITO Stores for EV Era
The Company and Seres entered into a preliminary agreements, whereby the parties agreed to further discuss potential opportunities on the distribution of NEVs of Seres, according to the Company's announcement.
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