Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 0
Stock impact report

UPDATE 2-One trillion yuan: China state carmaker FAW gains huge credit line [Reuters]

Toyota Motor Corporation (TM) 
US:NYSE Investor Relations: toyota-global.com/investors
Company Research Source: Reuters
One trillion yuan: China state carmaker FAW gains huge credit line | Reuters 4 Min Read BEIJING/SHANGHAI (Reuters) - China’s state-owned automaker FAW Group said it signed a deal with 16 banks for a credit line worth more than 1 trillion yuan ($144 billion), an eye-catching amount analysts said was mostly symbolic, albeit an important signal of government support. FAW, one of China’s oldest state carmakers, said the funds would help with “future initiatives”. But in a response to a Reuters query it also said the credit line does not represent its current capital requirements or that it had projects which would require major capital investment in the near future. According to an FAW source, the credit line is part of a government plan to revitalize the economies of China’s northeastern provinces. The person, who was not authorized to speak publicly on the matter, declined to be identified. China’s economy slowed to its weakest pace since the global financial crisis in the third quarter Show less Read more
Impact Snapshot
Event Time:
TM
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
Opt-in for TM alerts
Opt-in for
TM alerts

from News Quantified
Opt-in for
TM alerts

from News Quantified