HKEX | 3333
EVERGRANDE (03333.HK) +0.250 (+1.012%) Short selling $37.30M; Ratio 21.826% has been in contact with DAF, a subsidiary of Paccar, and VDL, regarding potential acquisitions and the discussions are still at preliminary stage, sources quoted as saying by Bloomberg. It is not yet known if the two companies are open to the M&A.
The two target companies are able to provide techniques related to electric trucks and buses to EVERGRANDE, latest moves of which displayed interests in developing in fields beyond the property industry.
(Quote is delayed for at least 15 mins.Short Selling Data as at 2019-04-29 16:25.)