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Stock Market & Financial Investment News

News Breaks
November 26, 2012
17:30 EDTBITAProudView reports 21.8% stake in BitAuto
News For BITA From The Last 14 Days
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September 12, 2014
17:32 EDTBITATiger Global reports 14.9% passive stake in Bitauto
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September 10, 2014
09:17 EDTBITAChina mulls easing car dealer restrictions, Bloomberg says
China's Ministry of Commerce is considering whether to ease rules on car dealers and allow them to sell vehicles from multiple brands in the same store, according to Bloomberg, citing people familiar with the matter. Note that both Bitauto (BITA) and Autohome (ATHM), which operate automobile buyer focused websites in China, were down significantly during yesterday's trading, though it is unclear if the reported new regulations play a role in their share weakness. Publicly traded carmakers include Fiat (FIATY), Ford (F), General Motors (GM), Honda (HMC), Nissan (NSANY), Toyota (TM) and Volkswagen (VLKAY). Reference Link
05:43 EDTBITABitauto states policy not to comment on unusual market activity
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