9 stories mentioning HKG:7489
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Voyah Automotive Technology (HKG:7489) delivered 13,003 vehicles in May, up 30% from a year earlier, according to a Monday Hong Kong bourse filing.Year-to-date deliveries reached 62,041 units, rising 35% from the same period last year.
Stellantis on Wednesday announced plans to form a joint venture with Dongfeng Group to manufacture and sell the latter's Voyah-branded (HKG:7489) electric cars in the European market.The Europe-based JV will be majority owned by Stellantis with a 51% stake, with the rest under Dongfeng's ownership.Stellantis said it may produce Voyah models at its Rennes plant in France.
Stellantis is set to form a joint venture with Dongfeng Motor (HKG:0489) and manufacture at least one fully electric Voyah (HKG:7489) model at its Rennes plant in France, Reuters reported Tuesday, citing two people familiar with the matter.Under a letter of intent signed by the companies, Stellantis would hold a 51% stake in the venture, according to the report.The agreement could be announced as early as Wednesday morning, the report said.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
Voyah Automotive Technology's (HKG:7489) filing application for its Hong Kong-listed share full circulation was accepted by the China Securities Regulatory Commission (CSRC), according to a Monday Hong Kong bourse filing.Shares of the automaker were down nearly 1% in Tuesday afternoon trading.The firm has applied for the conversion of nearly 1.51 billion domestic shares held by the certain shareholders into Hong Kong-listed shares.Following completion, the converted shares will be eligible for listing and trading on the Hong Kong bourse.
Voyah Automotive Technology (HKG:7489) said Dongfeng Motor increased its stake in the company by 20.2 million shares through market purchases, according to a Wednesday Hong Kong bourse filing.The shares acquired represent about 0.55% of the company's total issued share capital.Following the increase, Dongfeng Motor and its subsidiaries hold about 70.02% of Voyah Automotive's total issued shares.
Voyah Automotive Technology (HKG:7489) delivered 15,146 vehicles in April, up 51% from a year earlier, according to a Sunday Hong Kong bourse filing.Shares of the automaker were up nearly 2% in Monday morning trade.For the year to date, deliveries rose 36% to 49,038 units.The company said its VOYAH Taishan X8 recorded cumulative orders exceeding 30,000 units as of May 1, following the start of global pre-sales in April.
Voyah Automotive Technology (HKG:7489) said Dongfeng Motor (HKG:0489) increased its stake in the company by 5.47 million shares through market purchases, according to a Monday Hong Kong bourse filing.The shares acquired represent about 0.2% of the company's total issued share capital.Following the increase, Dongfeng Motor Corporation and its subsidiaries hold about 69.6% of Voyah Automotive's total issued shares.
Hong Kong stocks rebounded Tuesday as investors bet on easing Middle East tensions amid signs of continued engagement, despite the U.S. move to block Iranian ports after weekend talks collapsed.The Hang Seng Index gained 211.47 points, or 0.8%, to close at 25,872.32, while the Hang Seng China Enterprises Index added 69.55 points, or 0.8%, to 8,671.61.After talks in Islamabad broke down over the weekend, a U.S. official said engagement was continuing and progress toward an agreement was still being made, Reuters reported.Pakistani Prime Minister Shehbaz Sharif also said efforts to resolve the conflict were ongoing.Meanwhile, U.S. President Donald Trump said Monday that Iran had made contact and was seeking a deal, but ruled out any agreement that would allow Tehran to possess nuclear weapons.Signs of diplomatic engagement eased pressure in energy markets, with oil prices slipping in Asian trade.In corporate news, Wai Chun (HKG:1013) advanced nearly 341% after entering into a cooperation agreement with Xavvi U.S. to establish a platform company targeting the global creator economy.Voyah Automotive Technology (HKG:7489) closed 8% higher after saying its controlling shareholder, Dongfeng Motor Group, plans to increase its stake in the business.
Voyah Automotive Technology (HKG:7489) said its controlling shareholder Dongfeng Motor Group (HKG:0489) plans to increase its stake in the business, according to a Hong Kong bourse filing Tuesday.Dongfeng Motor, which already owns 69.47% of the business, plans to invest an additional 250 million yuan within 12 months in the company's H shares.