HK's Guorun to change name to Geely Automobile


HONG KONG, Jan 28 (Reuters) - Hong Kong-listed investment firm Guorun Holdings Ltd on Wednesday proposed to change its name to Geely Automobile Holdings Ltd, becoming the latest successful back door listing made by Chinese firms. Guorun said the name change reflected its recent investment in the Chinese automobile industry by setting up a joint venture with Geely Group, China's sole private sedan maker, in Zhejiang province. "The name signifies the group's major growing operation which ...

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