Huachen Automotive


Brilliance China Auto stocks soar after report of takeover plan

Brilliance China Auto stocks soar after report of takeover plan

(ATF) Shares in Brilliance China Automotive Holdings Ltd – BMW's main Chinese partner – jumped by up to 25% on Wednesday after news emerged that FAW Group is looking at taking over the company.The potential acquisition by state-owned FAW, China's No. 2 automaker, comes at a time when Brilliance's top …

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China bond defaults signal a coming of age as state safety net shrinks 

China bond defaults signal a coming of age as state safety net shrinks 

(ATF) China is taking aim at moral hazard. A recent run of bond defaults in the onshore credit market is exceptional not for the number of cases or the amounts at stake, but because the issuers in question are all state-owned enterprises (SOEs) and, in a break with the past, …

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