Search Results for "Chinese"

Chinese dealer network Yongda to enter Hong Kong stock market

Gasgoo.com (Shanghai January 30) - Shanghai-based Chinese dealership network Yongda Group is planning to enter the Hong Kong Stock Exchange, jrj.com.cn reported today, quoting a story appearing in Hong Kong-based daily Ming Pao. The network, one of the largest on the Chinese mainland, is planning to make an initial investment of $500 million to $600 million for the new venture.

Jan. 30 , 2012
Chinese automobile sales grow less than 3% in 2011

Gasgoo.com (Shanghai January 29) - Growth in the Chinese automobile market finally slowed down in 2011, with a year-on-year increase in sales of only 2.45 percent, the lowest figure the country has seen in 13 years. Ministry of Commerce statistics, as quoted by china.com.cn, reveal that 18.51 million vehicles were sold last year.

Jan. 29 , 2012