News: Guangzhou Automobile Group Co Ltd (2238.HK)

2238.HK on Hong Kong Stock

6.19HKD
3 Aug 2015
Change (% chg)

HK$-0.02 (-0.32%)
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Fri, Jul 31 2015

BRIEF-GAC's board approves to set up logistics centre, automobile online platform

* Says board approves Guangzhou Automobile Group Business Co Ltd to set up logistics centre with total investment at 251.1 million yuan ($40.44 million)

BRIEF-Guangzhou Automobile receives government support fund of 300 mln yuan

* Says receives government support fund of 300 million yuan ($48.31 million)

BRIEF-Guangzhou Automobile's car sales up 12.2 pct y/y in June

* Says sold 108,196 vehicles in June, up from 96,419 vehicles year ago

BRIEF-Lock-up period for Guangzhou Automobile's 3.6 bln shares to end, trading to begin on March 30

* Says lock-up period for 3.62 billion shares to end, shares to start trading on March 30

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