China: Guangzhou Auto eyes Hong Kong listing on 30 Aug

Guangzhou Automobile Group, the parent company of Denway Motors, has applied to list 2.21 billion H shares by way of introduction, Reuters said, citing a company filing to the Hong Kong Stock Exchange. The company's plan is to delist its 37.9%-owned Denway on 25 August. If this plan goes as scheduled, Subscribe to Automotive World … Continued

• By Webmaster
• June 18, 2010