MingZhu Logistics gains on execution of $34 mln agreement
22/12/2022 15:21
** Shares of Chinese truck service MingZhu Logistics
Holdings Ltd YGMZ.O jump 42.8% to $5.67
** Stock touches its highest in more than one-and-a-half
years
** Company says it has started executing its previously
announced $34 mln agreement to transport coal for the Xinjiang
Tianfu Yitong Supply Chain Management Co Ltd urn:newsml:reuters.com:*:nPn9xDftJa
** The deal was announced in August, but got delayed due to
COVID restrictions in China
** Including session's gains, stock up 177% YTD
(Reporting by Sourasis Bose in Bengaluru)
((Sourasis.bose@thomsonreuters.com))
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