Summary: Shares of Dongfeng Motor Group surged 69.2% as they resumed trading after its parent company announced plans to take the automaker private at a premium. The deal, valued at HK$55.13 billion, includes a 11.9% premium and comes as China’s automakers face a price war and increased regulatory scrutiny.

Link: https://www.channelnewsasia.com/business/dongfeng-motor-group-near-8-year-peak-privatisation-plan-5312061