BAIC Motor Corp Ltd (1958.HK)

1958.HK on Hong Kong Stock

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Fri, Nov 10 2017

BRIEF-BAIC Motor Corp enters capital increase agreement​ with Daimler Greater China

* Company and Daimler Greater China entered into capital increase agreement​

BRIEF-Iflytek signs strategic co-operate framework agreement with BAIC Motor

* Says it signed strategic co-operate framework agreement with BAIC Motor Corporation Ltd on intelligent human-computer interaction technology, vehicle intelligent and artificial intelligence technology, big data analysis, intelligent vehicle networking platform and marketing resources business

BRIEF-BAIC Motor Corp ‍enters strategic cooperation framework agreement with Ifytek Co.​

* ‍Enters into strategic cooperation framework agreement between company and Ifytek Co., ltd​ Source text for Eikon: Further company coverage:

BRIEF-BAIC Motor Corp and Yanfeng Automotive Trim Systems enter strategic cooperation framework agreement​

* Co and Yanfeng Automotive Trim Systems entered into a strategic cooperation framework agreement​ Source text for Eikon: Further company coverage:

UPDATE 1-China's Chongqing Changan to stop selling combustion-engine cars from 2025

* Chongqing to invest over 100 bln yuan for "new energy strategy"

UPDATE 1-Hyundai Motor's China JV resumes supplier payments

* Plant was suspended as supplier reacted to delayed payments (Adds further Hyundai comment, background)

Hyundai Motor says will continue China JV with BAIC

SEOUL, Sept 8 South Korean automaker Hyundai Motor Co said on Friday it will continue its Chinese joint venture with BAIC Motor, shrugging off investor concerns about soured relationships between the partners.

UPDATE 3-Hyundai hit again by supply disruption in China, one plant halted

* A supplier has refused to provide parts due to payment delays

BRIEF-Baic Motor Corp clarifies on production halt in four factories of Beijing Hyundai Motor Co

* Company notes that temporary volatility in production system of Beijing Hyundai has currently been resolved

BRIEF-BAIC Motor Corp posts HY profits attributable rmb 985.701 million

* Hy profits attributable RMB 985.701 million versus RMB 2.41 billion

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