Dongfeng Motor Group Co Ltd (0489.HK)
24 May 2019
Major automakers have announced a slew of investments in the United States since President Donald Trump took office in January 2017 and exerted pressure on the industry to create more U.S. jobs.
* Suning.Com's investment firm is the JV's largest shareholder
BEIJING, March 22 China's major automobile and internet companies, including Chongqing Changan Automobile , Alibaba and Tencent, are setting up a 9.76 billion yuan ($1.46 billion) joint venture to invest in ride-sharing industry, Chongqing Changan Automobile said on Friday.
SHANGHAI, Feb 15 China's national railway operator has sold a 15 percent stake in one of its units for 2.37 billion yuan ($349.9 million) to a group of six firms including JD.com's logistics arm and Dongfeng Motor , in the latest implementation of the country's mixed-ownership reforms.