Article: CHONGQING MOTORCYCLE ASSET INTEGRATION STILL IN LIMELIGHT


AsiaInfo Services
07-28-2009
Chongqing Motorcycle Asset Integration Still in Limelight

CHONGQING, Jul 28, 2009 (SinoCast Daily Business Beat via COMTEX) -- State-owned China South Industries Group Corporation (CSGC) has been rumored to integrate its three motorcycle subsidiaries and create the biggest motorcycle group nationwide with its headquarters in Chongqing.

The three subsidiaries have recently made a response. Following the rumor, China Jialing Industry Co., Ltd. (Group) (SHSE: 600877) announced on July 2 that it had nothing to be announced within the following three months as required.

Jinan Qingqi Motorcycle Co., Ltd. (SHSE: 600698) said in its July 3 statement that earlier its ...

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