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 ...
Beijing is likely to place two of its state-owned car companies under one holding group after their flagship listed firms hinted at a possible merger of their parent companies, a move aimed at ...
The planned restructuring of Wuhan, Hubei province-headquartered Dongfeng Motor Corp and Chongqing-based Changan Automobile is expected to create a more integrated and competitive automaker ...
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