FAST NEWS: CIMC Vehicles to delist from Hong Kong on June 3
The Latest: Container truck manufacturer CIMC Vehicles (Group) Co. Ltd. (1839.HK; 301039.SZ) announced Thursday that its proposal to buy back all its Hong Kong-listed shares for HK$7.50 apiece has been accepted by…
Privatizing CIMC Vehicles awaits verdict in duty-evasion probe
The big-rig truck trailer maker disclosed it is being investigated for circumventing extra tariffs in the U.S., but will move ahead with a plan to privatize its shares in Hong…
CIMC Vehicles heads for Hong Kong exit ramp via share buyback
The Chinese maker of transport trailers is making a U-turn out of the Hong Kong stock market four years after listing there Key Takeaways: CIMC Vehicles said it would buy…
FAST NEWS: CIMC Vehicles profit hits record on strong overseas growth, one-time gain
The latest: Container truck manufacturer CIMC Vehicles (Group) Co. Ltd. (1839.HK; 301039.SZ) reported Wednesday its net profit for the first half of 2023 surged 419% year-on-year to 1.9 billion yuan ($261 million),…
FAST NEWS: CIMC Vehicles profit soars on supply chain shortages
The Latest: Container truck manufacturer CIMC Vehicles (Group) Co. Ltd. (1839.HK; 301039.SZ) said it expects to report a profit of 1.8 billion yuan ($252 million) to 2 billion yuan for…
FAST NEWS: CIMC Vehicles profit soars on strong North America business
The latest: Container truck manufacturer CIMC Vehicles (Group) Co. Ltd. (1839.HK; 301039.SZ) reported on Wednesday its revenue rose 28.3% to 6.58 billion yuan ($950 million) in the first quarter of this year, while…
FAST NEWS: CIMC Vehicles’ profit leaps on global business rebound
The latest: Container truck manufacturer CIMC Vehicles (Group) Co. Ltd. (1839.HK; 301039.SZ) said on Wednesday its first-quarter net profit jumped between 239% and 314% year-on-year to 422 million yuan ($61.3 million) to 516…
