China Automobile Parts dual listing plan on hold


Doing well: (from left) China Automobile chairman Wang Yuyun, Li and director Dr Chen Boon Heow with the company’s annual report after the AGM.

PETALING JAYA: China Automobile Parts Holdings Ltd has put its plans for a dual listing on the Hong Kong Stock Exchange on hold due to the slowdown in China’s economy.

Despite the slowdown, it is working on ways to diversify its income base by venturing into rubber products.

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