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CORRECTED - CORRECTED-AUTOSHOW-Parent of Changan plans HK summer listing-exe

Sat Apr 19, 2008 11:35pm EDT
 
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(Corrects name of subsidiary company in 2nd paragraph)

BEIJING, April 20 (Reuters) - China South Industries Motor Co Ltd plans to list in Hong Kong in July or August, raising as much as HK$4 billion ($510 million), a senior executive said on Sunday.

China South Industries Motor, the parent of Changan Automobile 000625.SZ, has already filed an IPO application with mainland China securities regulators and will file an application to the Hong Kong stock exchange once it receives approval from Beijing, Deng Zhiyou, vice president of China South Industries, told Reuters on the sidelines of the Beijing Auto Show. ($1=7.793 Hong Kong Dollar) (Reporting by Fang Yan; Editing by Lincoln Feast)

 

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