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Shares of Dongfeng Motor jump on possible change in controlling shareholder structure

Reuters
2025/02/10
Shares of Dongfeng Motor jump on possible change in controlling shareholder structure

HONG KONG, Feb 10 (Reuters) - Shares of Dongfeng Motor 0489.HK soared as much as 85.8% after the Chinese automaker flagged a possible change in the company's controlling shareholder structure amid a restructuring.

The stock jumped to HK$6 shortly after the open.

Dongfeng Motor said on Sunday Dongfeng Motor Corporation is planning a restructuring with another central state-owned enterprise group which may lead to a change in the controlling shareholder structure but would "not result in a change to the actual controller".

(Reporting by Hong Kong newsroom; Editing by Kim Coghill)

((donny.kwok@thomsonreuters.com; +852 3462 7745;))

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