Brilliance China rises 6% or is encouraged by FAW's proposed merger

Source: Internet
Author: User
Keywords Hong Kong dollar Chinese government
Tags 21st century economic report business closing economic group list market sources
China, the BMW's first-ever finalist in the Chinese government Business vehicle procurement list, rose sharply to a 6.45% to 0.99 Hong Kong dollar this morning, closing to a recent record of HK $1.02, a 46.63 million share. or by the FAW Group to invest in the acquisition of brilliance hearsay incentive.  According to the 21st Century Economic report, citing unnamed sources of knowledge, the FAW group is in talks with brilliance Auto, one of the plans is FAW to buy brilliance stake, but also do not rule out the use of state-owned assets transfer, eventually into brilliance and achieve holding. Only market reviews have followed the claim that brilliance is the leader of Liaoning automobile industry, whether the local government agrees to transfer is still unknown; another brilliance is holding the Gold Cup car (600609-CN), the original is also in the FAW after the exit, historical entanglements or for acquisitions to increase the difficulty;
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