With 50% Off of Its Employee Stock Ownership Plan, Gree Electric’s Market Value Lost 23.2 Billion Yuan in Two Days!

June 22, 2021

Tencent Securities reported on June 22, Gree Electric closed down 2.52% to 49.82 yuan, the stock price hit a new low in a year, and the turnover exceeded 5.4 billion yuan. In the last two trading days, Gree Electric has fallen by 7.2% and its market value has evaporated by 23.2 billion yuan. Gree Electric is a Chinese major appliance manufacturer and the world’s largest residential air-conditioner manufacturer.

[Related Link] Employee stock ownership plan share price “50% off”, Gree Electric’s market value lost 23.2 billion yuan in two days

Edited by:【Himalaya London Club UK】

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