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China

Changan Auto to raise CNY 6 billion through private placement

On December 29, Chongqing Changan Automobile Co., Ltd. (Changan Auto) announced on the Shenzhen Stock Exchange (SZSE) a plan for a share issuance to China Changan Automobile Group Co., Ltd. (CCAG), an indirect controlling shareholder, for proceeds totaling up to CNY 6 billion. CCAG will subscribe for the shares in ca....

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