BUZZ-US-listed Kandi Technologies shares fall on CEO and chairman change

Reuters
2024-10-11

** U.S.-listed shares of EV maker Kandi Technologies Group

fall 3.5% to $1.65

** KNDI appointed Feng Chen as CEO, effective Oct 6

** Company elected Xueqin Dong as new chairman; previous Chair Xiaoming Hu to remain with co as director while moving toward retirement

** Including session's moves, stock down 20.7%

(Reporting by Khusbu Jena in Bengaluru)

((Khusbu.Jena@thomsonreuters.com))

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