法国标致与东风汽车结盟

Shares of Dongfeng Motors are set to open trading in Hong Kong later this morning following yesterday's announcement, which has seen the Chinese Automaker agree to a major investment in French automaker Peugeot Citroen.

As part of the dead, Dongfeng and the French government are investing a combined 800-million euros, or around 1.1-billion US dollars into PSA.

Under the deal, this will give Dongfeng, the French government, and the Peugeot family equal 14-percent stakes in the company.

This means the Peugeot family's 200-year old hold on the company has evaporated, as it will no longer have a voting veto.

The deal will include a share transfer to both Dongfeng and the French government at an over 40-percent discount from Peugeot's current share price.

Dongfeng shares in Hong Kong closed down just over 1-percent on Wednesday as investors digested the impact of the deal.

For more on this, CRI's Shane Bigham spoke earlier with Cao Can, our financial commentator.