Auto Vehicles, Parts & Service Retailers
Sinomach Automobile Co Ltd <600335.SS> :Says prelim 2016 net profit up 25.7 percent y/y at 604.0 million yuan ($87.98 million).
Hotai Motor Co Ltd <2207.TW> : Says Hozan Investment Co Ltd acquires 99.73 percent outstanding common shares of Zurich Insurance (Taiwan) Ltd .Says transaction amount at T$6.8 billion ($215.67 million).
Shanghai Shenhua Holdings Co., Ltd.<600653.SS>:Says it received an administrative order from Shanghai Regulatory Bureau of China Securities Regulatory Commission regarding information disclosure.
Voxx International Corp
Tan Chong International Ltd <0693.HK> : Expected to record unaudited unrealised loss on investments designated as at fair value through other comprehensive income for 2016 . Expected unrealised loss amounts to HK$78 million for fy ended dec 31, 2016 .Loss is due to share price changes of listed investments, which are marked to market and therefore unrealised.
DCH Holdings <1828.HK> : Lai Ni Hium, an executive director and deputy chief executive officer, will be appointed as chief executive officer .Yip Moon Tong will retire as executive director and chief executive officer.
Monro Muffler Brake Inc
New Focus Auto Tech Holdings <0360.HK>: Deal for consideration of rmb20 million to be satisfied in cash . NFLP, unit which directly owns target interest, entered into equity transfer agreement with with purchaser .A gain of approximately rmb7.9 million was expected to accrue to group as result of disposal.
Shanghai Shenhua Holdings CO Ltd <600653.SS> :Says it signs agreement to sell 25 percent stake in Chengdu-based real estate firm for 395 million yuan ($56.80 million).