Dongfeng Motor Group Co (HK:0489) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Dongfeng Motor Group Co has announced connected transactions involving equity transfers within its subsidiaries. The company will acquire a 5.238% stake in Zhixin Technology and a 0.61% stake in Dongfeng Changxing, while DFM will acquire a 2.81% stake in Dongfeng Hongtai. These transactions are subject to reporting requirements under Hong Kong’s listing rules.
For further insights into HK:0489 stock, check out TipRanks’ Stock Analysis page.
