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Unusual Afternoon Activity in Auto Sector as FAW Jiefang Hits Daily Limit
2025-08-20 /
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Author：小编
The automotive sector experienced notable activity in the afternoon, highlighted by FAW Jiefang's share price surging to reach the daily trading limit. This momentum was echoed by gains in SAIC Motor, Yutong Bus, Dongfeng Motor, and King Long Motor shares. Sources indicate that FAW Group is contemplating an investment in Leapmotor, with intentions to launch a tender offer for approximately 10% of the company's shares. This initiative is currently undergoing internal deliberations.
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