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China: Guangzhou Auto Group seeks backdoor listing

Chinese vehicle manufacturer Guangzhou Automobile Group is seeking a backdoor listing on the Hong Kong stock exchange. The OEM's strategy is to seek listing through Denway Motors, a company in which it holds a 37.9% holding and which is listed on the Hong Kong exchange. A statement released by Denway Motors says It’s time to … Continued

Chinese vehicle manufacturer Guangzhou Automobile Group is seeking a backdoor listing on the Hong Kong stock exchange.

The OEM's strategy is to seek listing through Denway Motors, a company in which it holds a 37.9% holding and which is listed on the Hong Kong exchange.

A statement released by Denway Motors says

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