China market regulator approves CATL-Chery joint ventureBEIJING, Feb 4 (Reuters) - China's market regulator on Wednesday said it has unconditionally approved the establishment of a joint venture by battery manufacturer CATL 300750.SZ and state-owned automaker Chery 9973.HK.
The regulator did not disclose details of the venture.
(Reporting by Beijing newsroom; Editing by Christopher Cushing)
((qiaoyi.li@thomsonreuters.com;))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments