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Weichai Power Co Ltd (2338.HK)

2338.HK on Hong Kong Stock

10.12HKD
19 Jan 2018
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Fri, Dec 22 2017

BRIEF-Westport Fuel Systems Signs MOU With Weichai Power

* WESTPORT FUEL - MOU SETS FRAMEWORK FOR FINALIZING DEVELOPMENT, COMMERCIALIZATION OF WESTPORT HIGH PRESSURE DIRECT INJECTION TECHNOLOGY IN CHINA

BRIEF-China's Weichai Power signs strategic agreement with Germany's Robert Bosch

* Says it signs strategic agreement with Germany's Robert Bosch GmbH to cooperate on automotive components products

BRIEF-Weichai Power sees FY 2017 net profit to up 150 pct to 166 pct

* Says net profit for FY 2017 to up 150 percent to 166 percent, or to be 6.1 billion yuan to 6.5 billion yuan

BRIEF-Weichai Power's Q3 net profit up 316.1 pct y/y

Oct 30 Weichai Power Co Ltd * Says Q3 net profit up 316.1 percent y/y Source text in Chinese: http://bit.ly/2z22ebc Further company coverage: (Reporting by Hong Kong newsroom)

Fitch Rates Weichai's USD Perpetual Securities at 'BBB'

(The following statement was released by the rating agency) HONG KONG/SHANGHAI, September 13 (Fitch) Fitch Ratings has assigned Weichai Power Co., Ltd.'s (Weichai, BBB+/Stable) USD775 million senior perpetual capital securities a final rating of 'BBB'. The perpetual capital securities are issued by Weichai International Hong Kong Energy Group Co., Limited, and unconditionally and irrevocably guaranteed by Weichai. Fitch accords no equity credit to the issuance in the agency's evaluation of Weich

BRIEF-Weichai Power issues debt securities for US$775 mln

* issuance of US$775 mln 3.75 per cent. Senior guaranteed perpetual capital securities unconditionally and irrevocably guaranteed by the company

Fitch Rates Weichai's USD Perpetual Securities at 'BBB(EXP)'

(The following statement was released by the rating agency) HONG KONG/SHANGHAI, September 01 (Fitch) Fitch Ratings, Hong Kong, 1 September 2017: Fitch Ratings has assigned Weichai Power Co., Ltd.'s (Weichai, BBB+/Stable) proposed US dollar senior perpetual capital securities an expected rating of 'BBB(EXP)'. The proposed perpetual capital securities will be issued by Weichai International Hong Kong Energy Group Co., Limited, and unconditionally and irrevocably guaranteed by Weichai. Fitch expect

Fitch Upgrades Weichai to 'BBB+'; Outlook Stable

(The following statement was released by the rating agency) HONG KONG/SHANGHAI, September 01 (Fitch) Fitch Ratings, Hong Kong, 1 September 2017: Fitch Ratings has upgraded Chinese diesel engine manufacturer Weichai Power Co., Ltd.'s (Weichai) Long-Term Issuer Default Rating (IDR) to 'BBB+' and senior unsecured rating to 'BBB+' from 'BBB'. The Outlook is Stable. The rating on the US dollar notes issued by its wholly owned subsidiary, Weichai International Hong Kong Energy Group Co., Limited, has

BRIEF-Weichai Power's unit proposes offering of securities to professional investors

* Unit proposes to conduct an offering of securities to professional investors

BRIEF-Weichai Power announces change in accounting policy

* Says it changes accounting policy based on accounting standards for business enterprises

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