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China's state-backed Dongfeng Motor skyrockets to 8-year highs as parent to take automaker private
Shares of China's Dongfeng Motor Group skyrocketed after its parent company announced on Friday plans to take the automaker private at a premium.
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scmp.com
Dongfeng Motor to list EV unit in Hong Kong, privatise parent firm
State-owned giants are facing growing challenges amid competition from privately owned EV makers like BYD and Xiaomi.
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cnbc.com
China's state-backed Dongfeng Motor skyrockets to 8-year highs as parent to take automaker private
Shares of China's Dongfeng Motor Group skyrocketed after its parent company announced on Friday plans to take the automaker private at a premium.