China Automotive: Rises after reopening Chinese operations

China Automotive Systems

12/03/2020 16:18

** China-based auto components supplier's shares  CAAS.O 
rise 7.4% to $1.83 - set for their best day in almost three
months
    ** Co says as of March 10th, production centers in Wuhu
Henglong, Brilliance Henglong and Chongqing Henglong have
resumed full operations  urn:newsml:reuters.com:*:nPn884KvWa
    ** Co's corporate headquarters in Wuhan has been temporarily
relocated to Jingzhou City until further notice from Wuhan
government
    ** Says as of March 12th, there have been no confirmed or
suspected cases of infection
    ** YTD, stock had fallen 41.9%

 (Reporting by Ashwini Raj in Bengaluru)
 ((Ashwini.Raj@thomsonreuters.com; within U.S. +1 646 223 8780,
outside U.S. +91 80 6749 2756;))