#Latest news with #DongfengMotorCorp.Bloomberg10-02-2025AutomotiveBloombergDongfeng Surges as Restructuring News Sparks Consolidation HopeShares in Dongfeng Motor Group Co. surged almost 90% in Hong Kong after the Chinese automaker said its parent company plans to restructure, a move investors speculated could kick start consolidation in the nation's ultra competitive car market. Dongfeng Motor Corp. is planning a restructuring with other central state-owned enterprise groups that may lead to a change in its controlling shareholder, Dongfeng Motor Group said in an exchange filing Sunday.
Bloomberg10-02-2025AutomotiveBloombergDongfeng Surges as Restructuring News Sparks Consolidation HopeShares in Dongfeng Motor Group Co. surged almost 90% in Hong Kong after the Chinese automaker said its parent company plans to restructure, a move investors speculated could kick start consolidation in the nation's ultra competitive car market. Dongfeng Motor Corp. is planning a restructuring with other central state-owned enterprise groups that may lead to a change in its controlling shareholder, Dongfeng Motor Group said in an exchange filing Sunday.
10-02-2025
