Asia
Guihang Automotive Components to Absorb Subsidiary
Guizhou Guihang Automotive Components (SHA:600523)plans to absorb and merge its wholly-owned subsidiary, Guiyang Huake Electroplating, according to a Shanghai bourse filing on Thursday.Huake will be deregistered and all of its assets and liabilities, as well as personnel, will be taken over by the yet-to-be-established branch company.The Chinese automotive components maker's shares fell 2% during the afternoon trade.
SHA:600523
