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July 23, 2014 17:39 ET | Source: China Auto Logistics, Inc.

China Auto Logistics Says it Will Vigorously Oppose "Grossly Unfair and Damaging" Plan by Depository Trust Company to Impose "Global Lock" on Its Securities

Company Says it Aims to Protect Shareholders From Being Punished by a Decision Said to be Based on Recent SEC Enforcement Actions Against "Outsiders" Accused of Illegal Trading, While the Company...