| rsal Century fallen Wall Street is to be re-Sha Hui. 18, | | | | consecutive quarters, with the second quarter, |
| General Motors has announced that the U.S. Securities | | | | General Motors, reached 33.2 billion U.S. dollars |
| and Exchange Commission (SEC) for its initial public | | | | revenue, net income to common shareholders 1.3 |
| offering (IPO) of the relevant documents, to be in | | | | billion, diluted earnings per share were 2.55 U.S. dollars, |
| the New York Stock Exchange and listed on both | | | | EBIT 20 billion. |
| the Toronto Stock Exchange. It is reported that | | | | Number of institutional investors, said GM's biggest |
| General Motors IPO will hit the second largest in U.S. | | | | IPO Aspect is two points short term, the Chinese |
| history and fund-raising record, its biggest highlights | | | | market, General Motors betting on the long term the |
| to attract investors is the China market and new | | | | new energy automotive market. China is becoming |
| energy vehicles. | | | | the biggest bright spot of its global performance. The |
| NYSE 14 months of absence, after the return of | | | | first half of this year, GM sales in China up to 1.21 |
| General Motors officially launched the action on Wall | | | | million, becoming the first United States over its |
| Street. While General Motors to the U.S. Securities | | | | overseas market. |
| and regulatory submissions did not mention the | | | | Yesterday, General Motors joint venture in China, |
| proportion of shares sold, stock, etc., but close to | | | | Shanghai General Motors again flowed in., total sales |
| the investment bank pointed out that General Motors | | | | this year, another record high, discontent is 8 months |
| plans to sell 100 million shares, fund-raising from 12 to | | | | sales above 60 million units, becoming the first pass |
| 20 billion U.S. dollars, 10 at the end of to the | | | | crossed the magnitude of the domestic automobile |
| November listing. Morgan Stanley, JP Morgan Chase, | | | | enterprises; the year is expected to completion of |
| Merrill Lynch and Citigroup, Bank of America Group as | | | | 850 000 target. |
| the IPO's lead underwriter of any GM. | | | | As GM's largest shareholder, the U.S. Treasury said |
| June 2, 2009, General Motors into bankruptcy | | | | the reduction will be through the listed shares of |
| protection to delist from the New York Stock | | | | General Motors. In 2009, the U.S. Treasury and the |
| Exchange, entered the Pink Sheets OTC market. | | | | Government for assistance to General Motors of |
| General Motors was insolvent, the total assets of | | | | Canada, and in exchange for corresponding shares. At |
| 82.29 billion U.S. dollars, while total debt was 172.81 | | | | that time the U.S. Treasury capital injection in two |
| billion U.S. dollars. June 1, GM shares from the opening | | | | parts, respectively, 43 billion U.S. dollars and seven |
| price of 0.75 U.S. dollars fell to 0.27 U.S. dollars | | | | billion U.S. dollars in exchange for 60.8% of GM's |
| minimum to close at 0.74 U.S. dollars. | | | | common shares and 21 million Class A preferred |
| General Motors to return to Wall Street, due to the | | | | stock; the Canadian government and Ontario |
| success of its restructuring plan. In the | | | | provincial government invested 9.5 billion U.S. dollars, |
| implementation of large-scale layoffs, reducing labor | | | | holding about 11.7%. |
| costs series of weight-loss measures, the General | | | | SAIC is expected to participate in outside GM IPO. |
| Motors brand reduced to four (Buick, Chevrolet, GMC | | | | SAIC chairman Hu Maoyuan pointed out that General |
| and Cadillac) the high rate of core business earnings. | | | | Motors IPO not know the specific circumstances can |
| This year, GM has been profitable for two | | | | only be made after the decision to understand. |