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Dongfeng Group's Shares Surge by Over 5%; Luogan Auto Files for Listing on Hong Kong Stock Exchange
2 day ago /
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Author：小编
The stock price of Dongfeng Group Co., Ltd. (00489.HK) witnessed a notable upswing, climbing 5.59%. On October 2, Luogan Auto Technology Co., Ltd., a premium smart new - energy vehicle brand operating under the umbrella of Dongfeng Motor Corporation, formally submitted its application for listing to the Hong Kong Stock Exchange. The company aims to make its entry into the Hong Kong capital market via an introduction listing method. (In the context of Hong Kong's stock market, an introduction listing is a way for a company to go public without raising new capital through the issue of new shares. It's often used by companies that are already well - established in other markets or have a certain level of recognition.)
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