FinanceCnEVPostabout 1 hour ago
GAC Shares Halted Amid FAW Partnership Rumors
1 min read
GAC Group's shares were halted in Shanghai and Hong Kong on Monday pending disclosure of a material matter. A company employee stated a major announcement would follow the market close. The halt comes amid unconfirmed rumors of an equity partnership or strategic restructuring with FAW. GAC's Shanghai-listed stock has fallen 37.85% this year.
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