China's state-owned Changan Automobile plans to list EV unit on STAR Market

China's state-owned Changan Automobile plans to list EV unit on STAR Market

Source: CHUTTERSNAP/Unsplash

Chinese state-run automaker Chongqing Changan Automobile plans to list its electric vehicle (EV) unit on Shanghai’s Nasdaq-style STAR Market, three sources briefed on the matter said, to fund a rapid expansion of its business.