Beijing China Auto Rental shares fall on void deal

Business | 20 Jul 2020 3:16 pm

Shares in Beijing China Auto Rental (0699) fell by 4.87 percent at HK$2.93 as of midday before a trading halt, after China's biggest carmaker SAIC Motor said it has terminated the deal to acquire 613 million shares in CAR Beijing for HK$3.1 per share.

But state-owned carmaker BAIC intends to resume the plan to acquire shares in CAR Beijing, mainland media reported.

 

Search Archive

Advanced Search
August 2020
S M T W T F S

Today's Standard



Yearly Magazine

Yearly Magazine