Guangzhou Automobile Group Co Ltd Class A601238
± MixedCapitalrelevance
GAC signs LOI to acquire part of FAW's stake in an unnamed JV via share issuance and fundraising, a material asset restructuring with terms still pending.
Impact on stocks 1
Others▲ · 1 stocks
Guangzhou Automobile Group Co Ltd Class ATheme Impact 1
Off-coverage companies 1
China FAW Group Co., Ltd.Private± Mixed
Capitalrelevance
FAW is the counterparty selling part of its equity interest in the unnamed automotive JV to GAC, with final terms subject to agreement and approval.
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Unusually Large Business Delegation to Join Xi's US Visit, with BYD and Xiaomi Among Candidates
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