China Automotive Inc. (NASDAQ: CAAS) stock gains during current market. What is happening?
China Automotive Inc. (NASDAQ: CAAS) stock soars by 9.83% during current market trading after CAAS released its first-quarter 2021 financial results. China Automotive Systems based in Hubei Province, People’s Republic of China, is a major provider of power steering products and parts to the Chinese automotive industry, with ten Sino-foreign joint ventures. Financial Results On […]
China Automotive Systems Inc. (CAAS) Considers Its Stock Undervalued
China Automotive Systems Inc. (CAAS) came up announcing approval of a share repurchase program by its board of directors. As per the program company will be repurchasing up to $5 million of its outstanding common shares. The program will be for next 12 month during which company will repurchase shares on periodic basis. The transactions so occurred […]