Shares of Dongfeng Motor jump on possible change in controlling shareholder structure
Shares of Dongfeng Motor soared as much as 85.8% after the Chinese automaker flagged a possible change in the company's controlling shareholder structure amid a restructuring. The stock jumped to HK$6 shortly after the open.
Dongfeng Motor Stock Soars 85% Amid Restructuring Plans
Shares of Dongfeng Motor Group surged 85.8% to HK$6 in early trading on Monday following an announcement of a potential change in its controlling shareholder structure. The Chinese automaker revealed that Dongfeng
State-owned Chinese carmakers Dongfeng, Changan announce restructuring plans
Chinese automakers Dongfeng Automobile and Changan Automobile announced on Sunday night restructuring plans of their controlling shareholders, both of which are centrally administered state-owned enterprises (SOEs).
Dongfeng Motor shares jump 86% on parent's plan to restructure it
HONG KONG (Reuters) -Shares of Dongfeng Motor soared as much as 85.8% on Monday after the state-owned Chinese automaker's announcement that its parent is planning a restructuring with another government enterprise stoked speculation of a possible merger.
Dongfeng, Changan bare restructuring plans
AUTOMAKERS Dongfeng Automobile and Changan Automobile announced on Sunday night restructuring plans of their controlling shareholders, both of which are centrally administered state-owned enterprises (SOEs).
Shareholders of China’s state-owned automakers Changan and Dongfeng mull restructuring
Changan Automobile and Dongfeng Motor said on Sunday their respective controlling shareholders – China South Industries Group Corporation and Dongfeng
Dongfeng Motor shares surge as restructuring plans prompt merger speculation
Shares of Dongfeng Motor soared as much as 85.8% in Hong Kong on Monday after the Chinese automaker said its parent was planning a restructuring, stoking speculation that some of the state-owned players could be merged as competition grows.
China’s Dongfeng Motor’s shares rocket 85% today: here’s why
Shares of Dongfeng Motor soared by as much as 85.8% on Monday following the announcement of a potential change in the company’s controlling shareholder structure. The stock jumped to HK$6 shortly after the market opened.
China’s carmakers shift up a gear
One example of China’s shifting auto landscape is Dongfeng Motor Corporation, a state-owned carmaker and long-standing ...
Dongfeng, Changan said to be considering merger
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Chinese defence industry exec Liu Weidong under investigation for alleged corruption
CSGC deputy general manager named by anti-corruption watchdog just days after restructuring discussions announced.
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China's automotive ambitions drive merger of state-owned giants
Two of China's largest state-owned automotive enterprises have announced plans for a strategic reorganization. Dongfeng Motor ...
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Dongfeng, Changan revamp to give global edge to automakers
The planned restructuring of Wuhan, Hubei province-headquartered Dongfeng Motor Corp and Chongqing-based Changan Automobile ...
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DONGFENG GROUP Jan Vehicle Sales Vol. Sinks 48.5% YoY to 117K Units
DONGFENG GROUP (00489.HK) announced that its total sales volume for January was 117,000 units, representing a decrease of ...
State-owned Chinese carmakers Dongfeng, Changan likely to combine, eclipsing BYD
Company combining Dongfeng and Changan could allocate resources to the most competitive products and technologies, analyst ...