The Returns On Capital At CRRC (SHSE:601766) Don't Inspire Confidence

Simply Wall StFeb 19 00:24 ET

[Hotspot Tracking] Dongfeng Group and Chongqing Changan Automobile may initiate a merger and reorganization. What effects will the restructuring of these two state-owned car companies bring?

Jinwu Financial News | On the evening of February 9th, A-share listed companies Chongqing Changan Automobile (000625.SZ), Dong Feng Co. (600006.SH), and Dong Feng Electronic Technology (600081.SH) separately announced that their indirect controlling shareholders are negotiating restructuring matters in cooperation with Other state-owned central enterprises, which will result in a change of the company's controlling shareholder, but the actual controller will not change. Although not explicitly stated, the fact that Dong Feng Group and Chongqing Changan Automobile Group released similar announcements at the same time has led the market to speculate on the possibility of a merger and restructuring between the two major automotive companies. If Chongqing Changan Automobile and Dong Feng's two major automotive groups merge, it will create a...

Jingwu Financial NewsFeb 11 00:18 ET

Does Zhuzhou CRRC Times Electric (HKG:3898) Have A Healthy Balance Sheet?

Simply Wall StFeb 10 22:09 ET

Chinese Firms Complete Delivery of Country's First Hybrid Diesel Locomotives

MT NewswiresFeb 10 05:23 ET

Little Excitement Around CRRC Corporation Limited's (SHSE:601766) Earnings

Simply Wall StFeb 5 21:19 ET

Are Zhuzhou CRRC Times Electric Co., Ltd.'s (HKG:3898) Fundamentals Good Enough to Warrant Buying Given The Stock's Recent Weakness?

Simply Wall StJan 23 17:45 ET