FAST NEWS: CIMC Vehicles’ Controlling Shareholder Boosts Stake
The latest: Container truck manufacturer CIMC Vehicles (Group) Co. Ltd. (1839.HK; 301039.SZ) announced on Thursday its controlling shareholder purchased 27.05 million of its shares in the open market between Dec.…
Truck Maker CIMC Vehicles Gets Jump-Start From Citigroup
Company’s undervalued shares jump 17% after U.S. financial giant discloses its purchase of a 6.7% stake worth around $200 million Key points: Citigroup has joined Singapore’s GIC by buying a…
