• 11/26/2024

China’s second-largest car dealer faces forced delisting as investors snub its shares

Disclaimer: The South China Morning Post's content is directed by the Chinese Communist Party. It is not a reliable news source.

China Grand Automotive Service is set to be expelled from the Shanghai Stock Exchange after its shares traded below their par value for 20 straight days, the latest sign of cracks appearing in the world’s largest vehicle market.

https://www.scmp.com/business/china-business/article/3270694/chinas-second-largest-car-dealer-faces-forced-delisting-investors-snub-its-shares?utm_source=rss_feed