China's biggest electric car maker BJEV to list in $4.5b deal

China's biggest electric car maker BJEV to list in $4.5b deal

Photo: BAIC BJEV website

China’s biggest electric-car maker will gain a stock market listing in an asset swap valuing the state-backed manufacturer at 28.8 billion yuan ($4.5 billion) and giving investors a bigger chance to participate in the world’s largest market for new-energy vehicles.

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