Dec 2, 2011
Two More Shareholders Transfer Chery Share
2nd Dec 2011 reported by First Financial Daily
After some shareholder transferred 33.336 million Chery share, two more companies followed the step, as reported by Beijing Financial Asset Exchange yesterday.
China Huarong Asset Management Corporation transferred all its 2.152% equity in Chery with 83.5 million shares at 388.275 million yuan. Rongde Asset Management Company at the same time transferred 0.4253% equity that it had held in Chery at 76.725 million yuan with 16.5 million shares.
Chery’s blurry schedule of going for stock market listing is to blame for the equity transfer actions of its shareholders.
