When Hong Kong and China were reunified in 1997, the mantra was “one country, two systems”. Companies with listings in both jurisdictions are still feeling the consequences.
Great Wall Motor
is a good example. The Chinese carmaker is to sell up to 387m new China-listed A shares to raise $2.7bn. The proceeds will go towards research and development, and component production for “new energy” vehicles, such as hybrids and electric cars. It lags behind peers in that market. The
您已閱讀25%(476字),剩余75%(1438字)包含更多重要信息,訂閱以繼續探索完整內容,并享受更多專屬服務。