Brief: Beijing WKW Automotive Parts in JV deal with Hybrid Kinetic Group

Hybrid Kinetic

20/03/2017 09:15

March 20 (Reuters) - Beijing WKW Automotive Parts Co Ltd 
 002662.SZ  
    * Says it signs MOU with Hybrid Kinetic Group  1188.HK  to 
set up new energy vehicle JV with investment of 12 billion yuan  
($1.74 billion) 
 
 
    Source text in Chinese: http://bit.ly/2nClK9D 
    Further company coverage:  002662.SZ  1188.HK  
 
($1 = 6.9040 Chinese yuan renminbi) 
 
 (Reporting by Hong Kong newsroom) 
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