• Wed
  • Sep 3, 2014
  • Updated: 9:27am

Qingling Motors

Qingling upgrades gear

Truck manufacturer Qingling Motors has bought a press and some auxiliary assets from its parent company for 50.3 million yuan (about HK$47.13 million).

Friday, 31 May, 2002, 12:00am

WHAT THE BROKER SAYS...

Qingling Motors is involved in the production and sale of Isuzu trucks.

Unit sales fell 4 per cent year on year in the January-May period as Qingling let slip its grip on the light-truck market in China.

5 Aug 2001 - 12:00am

Poor outlook for Qingling

China shares fell throughout last week, dropping to their lowest since January 3. More falls are expected as the market waits for Qingling Motors to report this week, with worse-than-expected results in the offing.

22 Apr 1996 - 12:00am

Smart move Smartcom

SALOMON Brothers have down-graded their investment recommendation on carmaker Qingling Motors due to cuts in production and adverse shifts in currencies.

The brokerage has changed its recommendation from a buy to a hold.

Continued credit tightening in China is affecting the carmaker.

1 Mar 1995 - 12:00am

Cash boost for Qingling

PROPERTY investment company Silver Grant International announced it would inject $222 million into the re-organised and enlarged Qingling Motors, a company it bought a 24 per cent stake in February at $28 million.

24 May 1994 - 12:00am