China Harmony Auto Holding Limited (HK:3836) has released an update.
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China Harmony Auto Holding Limited is set to expand its market presence by becoming the sole distributor of BYD new energy vehicles in Hong Kong, after acquiring assets that include customer information and outstanding orders. This strategic move is anticipated to boost the company’s revenue through increased automobile sales and enhanced after-sales services. Additionally, the acquisition is expected to create operational efficiencies and synergies, further solidifying China Harmony Auto’s foothold in the market.
For further insights into HK:3836 stock, check out TipRanks’ Stock Analysis page.
