China Auto Logistics Inc : * Enters into used car business, joint venture cooperation framework agreement contingent upon successful acquisition of Tianjin airport internationalautomall * Says acquisition is currently still in negotiations * In event both transactions are completed, shisheng would hold 40% interest injv through zhonghe,which would be unit of shisheng * Unit signed agreement with car king used car trading,tianjin zhonghe autosales service and hezhong international development * Source text for Eikon * Further company coverage
Shares of CALI traded higher by 0.38% or $0.01/share to $2.63. In the past year, the shares have traded as low as $1.91 and as high as $5.59. On average, 63534 shares of CALI exchange hands on a given day and today's volume is recorded at 1244.
Source
