Chinese automaker JAC sees rising sales in June

Chinese automaker Anhui Jianghuai Automobile Group Corp Ltd (JAC) reported rising sales in June.

JAC sold 41,400 cars last month, up 30.37 percent year on year, the company said in a statement filed with the Shanghai Stock Exchange.

In the first half the year, JAC sold 209,370 cars, down 10.97 percent from last year.

The shares of the Shanghai-listed automaker surged by the daily limit of 10 percent to close at 11 yuan (about $1.57) apiece Friday.