Zhengtongauto (01728.HK) has announced the recent price and volume increase. Considering the current market conditions, the company is considering whether to go public again to sell 100% equity and related debts of Shenzhen Hui'an Qi. The company's shares have applied to resume trading on Wednesday (2nd).
Last March, the company announced plans to sell all shares of Shenzhen Hui'an Qi, a property in the new industrial zone of Shenzhen, through a public listing, with a provisional starting price of 0.8 billion RMB.