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CITIC Heavy Industries Co Ltd (601608.SS)

601608.SS on Shanghai Stock Exchange

4.14CNY
13 Dec 2017
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¥0.12 (+2.99%)
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Mon, Dec 4 2017

BRIEF-CITIC Heavy Industries scraps acquisition plan due to changes in market conditions​

* SAYS IT SCRAPS PLAN TO BUY NEW ENERGY CAR ASSETS DUE TO CHANGES IN MARKET CONDITIONS​ Source text in Chinese: http://bit.ly/2ATz0NI Further company coverage: (Reporting by Hong Kong newsroom)

BRIEF-Citic Heavy to acquire stake in Tianjin Santroll Electric Automobile Technology

* Says it plans to acquire 52.38 percent stake in Tianjin Santroll Electric Automobile Technology Co for about 691.4 million yuan ($101.68 million) via cash, share issue

BRIEF-CITIC Heavy Industries to acquire Tianjin firm via share issue

* Says it plans to acquire Tianjin Santroll Electric Automobile Technology Co via share issue, share trade remains suspended

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