Oct 14, 2014 04:48 PM

Leading Auto Rental Firm Ready to Shift into Top Gear after Listing

By staff reporter He Chunmei

(Beijing) – China Auto Rental Holdings Inc. (CAR), the country's leading auto rental company, is hoping a recent successful listing in Hong Kong means a shift into high gear.

CAR held its IPO in the former British colony on September 19, opening at HK$ 8.5 per share and raising HK$ 3.449 billion. In the following days, its share price remained above HK$ 10.

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