China: Changan lists 360 million A shares

Changan Automobile Group officially listed 360 million A shares on the Shanghai Stock Exchange on 28 January 2011, issued at Yuan 9.74 (US$1.48) each. The company has stated its total raised capital at Yuan 3.51bn. Gasgoo.com, citing a prospectus released by the company, said Changan will use the funds to finance Subscribe to Automotive World … Continued

• By Webmaster
• January 31, 2011