China's Great Wall Motor Considers $1 Billion Convertible Bond Sale [Yahoo! Finance Canada]
GREAT WALL MOTOR CO ADR (GWLLY)
NASDAQ:AMEX Investor Relations:
gwm-global.com/investor-relations/announcement.html
Company Research
Source: Yahoo! Finance Canada
(Bloomberg) -- Chinese carmaker Great Wall Motor Co. is considering a convertible bond offering to raise as much as $1 billion, according to people familiar with the matter. Most Read from Bloomberg The company, one of the largest independent auto manufacturers in China, has held early discussions with advisers about the potential sale, the people said, asking not to be identified as the information isn't public. Deliberations are preliminary and Great Wall Motor may decide against an offering, the people said. The company didn't respond to a request for comment. Great Wall Motor would join a growing number of Chinese companies that have sold convertible bonds this year to get cheaper financing than through traditional debt, given higher borrowing costs. They have been especially popular in the tech sector — Alibaba Group Holding Ltd. sold a record $5 billion convertible bond in May — but companies in other areas have resorted to the instrument as well. Ping An Insurance (G
Show less
Read more
Impact Snapshot
Event Time:
GWLLY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
GWLLY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
GWLLY alerts
High impacting GREAT WALL MOTOR CO ADR news events
Weekly update
A roundup of the hottest topics
GWLLY
News
- China is selling record numbers of cars in Russia [Business Insider]Business Insider
- New Mini Aceman – pace but not much space [Yahoo! Finance]Yahoo! Finance
- Chinese driver-assist startup announces $100 million in funding, touts ‘deep cooperation' with Nvidia [CNBC]CNBC
- China Urges Automakers To Stop Investment In EU Countries Amidst Trade War [zero hedge]zero hedge
- China's Great Wall Motor Considers $1 Billion Convertible Bond Sale [Yahoo! Finance]Yahoo! Finance