Yongda Shelves Hong Kong Ipo

China Yongda Automobiles Services Holdings has decided to shelve its plan to raise up to $433 million in an initial public offering in Hong Kong due to market volatility.

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  • Yongda Auto Embraces Oriental Yongda's Fourth Anniversary and Commencement of Automobile Online Service Activities
    HONG KONG, July 14, 2014 /PRNewswire/ -- China Yongda Automobiles Services Holdings Limited ("Yongda Auto" or the "Company" and, together with its subsidiaries, the "Group", stock code: 03669.HK), a leading passenger vehicle retailer and comprehensive ...
    07/14/2014 - 2:57 am | View Link
  • Yongda shelves Hong Kong IPO
    The Wall Street Journal - China Yongda Automobiles Services Holdings, which sells BMWs and Toyotas in China, said Monday it has scrapped its plan to raise up to US$433 million in an initial public offering in Hong Kong owing to deteriorating equity markets ...
    05/28/2012 - 1:00 pm | View Link
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