Exclusive: State investors plan to take BMW’s HK-listed China partner Brilliance private, sources say


Source: msn.com msn.com

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How are other countries dealing with Covid-19 second waves? Sophia Loren returns to movies with The Life Ahead © Reuters/Sheng Li FILE PHOTO: A view shows a parking lot of Chinese carmaker Brilliance Automotive in Shenyang By Julie Zhu and Yilei Sun HONG KONG/SHANGHAI (Reuters) - Chinese state-backed investors are considering taking BMW's main Chinese joint-venture partner Brilliance private, five people with knowledge of the matter told Reuters, in the latest such deal targeting beaten down Hong Kong-listed stocks. Brilliance's shares reversed losses and rose as much as 12.3% to HK$7.86, their highest since Aug 17, following the news report....