GM says Asia ops sound, financially self-sufficient

* GM China sales up 34 percent from January-May year-on-year

* GM Daewoo to be part of "New GM"

* GM Asia-Pacific sales in May up 44 percent to record

* GM Asia-Pacific market share grew 1.9 points in May

By Fang Yan and Cheon Jong-woo

SHANGHAI/SEOUL, June 1 (Reuters) - General Motors Corp GM.N said on Monday its Asia-Pacific operations would continue operating as a financially self-sufficient entity of a reborn GM, with plans to keep expanding its sales and market share.

Despite GM's well-flagged bankruptcy filing on Monday, GM's Asia-Pacific sales in May grew 44 percent to an all-time record, GM said. That gave GM a market share of 9.1 percent in the Asia-Pacific region, up 1.9 percentage points from a year earlier, regional chief Nick Reilly said. [ID:nN01398575]

For the year to date, GM's market share in the region grew 1.4 points to 8.4 percent, he said.