Fuyao stake sale approved
[2009-12-24]
CHONGQING – The Ministry of Commerce recently approved the sale of a 10 percent stake in China's biggest auto glassmaker, Fuyao Group Glass Industries (Fuyao), to the U.S. investment bank Goldman Sachs, according to a statement from Fuyao on August 24, reported by
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JAC to seek new investment
[2007-09-26]
HEFEI, Anhui – Jianghuai Automobile Co., Ltd. (JAC) is considering injecting fresh blood into the company since it's about to complete its ownership restructuring in 2008.
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Brilliance China to list in mainland market
[2007-09-20]
SHENYANG, Liaoning – Qi Yumin, chairman of Brilliance China Automotive Holdings Ltd. (Brilliance China) (NYSE: CBA) (SEHK: 1114), stated at a press conference held in Shenyang on September 18 that the company plans major moves into the mainland stock market by the end of 2007 and will add a few production lines as well.
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Blackstone invests in China's Chemical giant
[2007-09-16]
BEIJING – China National Chemical Corporation (ChemChina), a leading international diversified chemical company, and the Blackstone Group (Blackstone), a leading U.S. private equity firm, announced a strategic partnership to build a global leader in the special chemicals industry on September 10.
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CNHTC to go public in Hong Kong
[2007-09-13]
JINAN, Shandong – China National Heavy-Duty Truck Group Co., Ltd. (CNHTC) plans to go public on the Hong Kong Stock Exchange by the end of September or the beginning of October, with plans of raising about $658 million, a senior CNHTC official said on September 5.
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Chery plans stock listing after ownership restructuring （854）
[2007-09-05]
–by Hu Xuhui WUHU, Anhui – Chery Automobile Co., Ltd. (Chery), will complete the company's ownership restructuring by the end of this year, with 37.5 percent of its shares transferred to the company’s managerial staff. Chery may also launch its initial public offering (IPO) in the mainland A-share market after the restructuring, a source from Chery revealed.
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SAIC to issue ¥8 billion in bonds for expansion
[2007-08-16]
SHANGHAI – Shanghai Automotive Industry (Group) Corp. (SAIC) announced on July 25 the issuance of ￥8 billion ($1.1 billion) of detachable convertible bonds with warrants.
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SAIC prepares for public listing
[2006-09-04]
SHANGHAI – Shanghai Automotive Co., Ltd. has announced its listing plan by issuing 3.275 billion A-shares at ￥5.82 ($0.72) each to parent company Shanghai Automotive Industry (Group) Corp. (SAIC), for the purchase of over ￥19 billion ($2.38 billion) worth of assets. This includes the asset values of Shanghai-GM, Shanghai-VW, SAIC Motor Manufacturing and Ssangyong, according to recent media reports.
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Core business revenues and profits rise at Shanghai Auto
[2006-08-15]
SHANGHAI — Net profits at Shanghai Automobile Co., Ltd. increased 14 percent to ￥541 million and core business revenues rose 54.42 percent to ￥4.466 billion ($558.25 million) in the first half of this year, according to a report in
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Stock Watch, Feb, 2006
[2006-02-01]
| Company | Code | Closing Price Jan 4 | Closing Price Jan 11 | % Change | 52-week high | 52-week low | | Changfeng Auto |
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