The shares of the Chinese group Great Wall Motors are suspended on the Hong Kong Stock Exchange "pending an announcement regarding the clarification of some press articles". The Asian manufacturer made it known, specifying that trading is stopped at the request of the company, which yesterday confirmed to the Financial Times that it is interested in acquiring not only the Jeep brand but the entire Italian-American group. Great Wall Motors has communicated to the Hong Kong Stock Exchange that it is "still evaluating a possible offer for the entire Fiat Chrysler or for parts of the group", also confirming "a great attention towards FCA, with which however it has not yet entered into contacts formal". The stock is also suspended on the Shanghai Stock Exchange.
So keep holding up the story around which the future of Fiat Chrysler revolves: first Great Wall denied interest, then admitted interest only for the Jeep brand, which, however, according to Morgan Stanley's estimate, from the point of view of a possible "stew" it would alone be worth more than the entire FCA group (15 euros per share against 14), and finally pulling down the mask and acknowledging the intention to buy the entire group. While the FCA stock continues to gain on the stock exchange (even today a further +0,20%, after yesterday's boom up to well over 11 euros per share), it seems clear, however, that the Chinese group does not have the solidity for a such an operation.
