Dongfeng Motors, China’s third largest carmaker, has suspended preparations for a Hong Kong listing because of weak sales, Access Asia reported.
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
In the first nine months, Dongfeng Auto saw total revenue slide 16.88% year-on-year to RMB4.58 billion; net profits for the period fell 28.29% to RMB387.14 million.
