The Chinese government is in the process of shaping one of the largest car manufacturers in the world. According to local media reports, the two state companies Changan and Dongfeng are about to merge. Both wrote to the stock exchange in duty on Sunday that there were plans for restructuring with other corporate groups of the central state, but did not name the other companies. Dongfeng’s share price in Hong Kong increased by more than a quarter, the titles of Changan won almost five percent in Shenzhen.
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