Options Brief: China Automotive Systems
Shares of China Automotive Systems (NASDAQ: CAAS) are higher on the session by 13.85%, trading at $8.55.
Overall call volume is now running at 2.51x the daily average, with 59% of all calls traded being purchases on the offer. 1,297 contracts have traded on the session so far.
China Automotive Systems, Inc. is a holding company and has no significant business operations or assets other than its interest in Great Genesis Holdings Limited.
© 2014 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.